GHope to buy South African firm in quest to expand


GOLDEN Hope Plantations Bhd (GHope), in its quest to become a global player in the oils and fats business, is acquiring Hudson and Knight (Proprietary) Limited (H&K) from Unilever Bestfoods Robertsons (UBR) of South Africa for 115 million rand or RM69mil.  

This is GHope's second overseas acquisition in two years. In January 2002, it had purchased a refinery in the Netherlands, Unimills BV, also from Unilever.  

The Star Festive Promo: Get 35% OFF Digital Access

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Ringgit ends higher versus greenback
New units likely to lift Exsim Hospitality earnings
Banker�who helped lead Saudi debt boom will now drive FDI push
99 Speed Mart to sustain robust growth
Automotive sales up by 27% in January
Bursa Malaysia edges higher ahead of CNY
Mida’s IMFC�resolves over 44,000 investor cases
Duopharma wins RM118mil govt contracts
Trade likely to surpass 2025’s record
Steady orders likely for Wentel despite ringgit gains

Others Also Read