The stock market has given differing levels of value for plantation companies, depending on their size in a three-tiered sector. The proposed sale of Unico-Desa Plantations Bhd, a third-tier company that now has a market value of over RM1bil, could set a new benchmark for the industry
IOI Corp Bhd
is currently the best and biggest of the breed. In the palm oil sector, it is the most profitable company, with one of the highest yields and lowest costs.
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