UP rewards even during tough times

United Plantations Bhd (UP), one of Malaysia's oldest plantation companies, has impressed shareholders with its generous and consistent dividend payouts over the past 13 years. 

This well-managed and highly efficient oil extraction rate (OER) pure plantation group, which was made a component stock of the KLSE Composite Index in November last year, has all the right ingredients to continue reporting a good set of results this year particularly with the strengthening of the crude palm oil (CPO) price, currently at above RM1,600 per tonne.