THERE is definitely plenty more restructuring to be done at Kumpulan Guthrie Bhd. For one thing, the company is considering floating Minamas Plantation on the Jakarta Stock Exchange, perhaps as soon as next year.
In addition, it is apparent that there are inefficiencies in having three listed plantation companies in one group. Guthrie owns 55 per cent and 58 per cent of Highlands & Lowlands Bhd and Guthrie Ropel Bhd respectively. All three are on the main board of the Kuala Lumpur Stock Exchange.
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