Maybank IB had previously reported that the M&A activities are expected to remain robust in the second half of the year and 2021 as “a few companies have publicly made known of their intentions to restructure, restrategise and/or deleverage”.
PETALING JAYA: Merger and acquisition (M&A) activities among local plantation companies continue to remain robust this year.
This is despite the plantation industry suffering its lowest profitability per hectare in 18 years, said Maybank IB Research.
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