MID-CAP plantation firm Kim Loong Resources Bhd
is likely to benefit from firm crude palm oil (CPO) prices and high CPO production this year, said analysts.
In a research note, SJ Securities said it maintained an “overweight” outlook on the sector and expected the average CPO price this year to be within RM1,400 to RM1,550 amid the growing global demand.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
