Monetisation boost seen for Boustead Plantations

Hidden value: In a research report, Maybank IB said BPLant’s efforts to unlock the value of its prime estates will raise RM680mil in cash.

KUALA LUMPUR: The latest monetisation efforts by Boustead Plantations Bhd (BPlant) is positive for the group as the market may have previously underappreciated the immense value of its assets, said Maybank IB Research.

In a research report, the firm said that BPLant’s efforts to unlock the value of its prime estates will raise RM680mil in cash.