PETALING JAYA: Kuala Lumpur Kepong Bhd's (KLK) move to raise its stake in Ladang Perbadanan-Fima Bhd (LPF) to about 78% is seen as a positive long-term move for the plantation giant.
Based on its latest quarterly financial report, LPF is debt-free and has a 8,171ha land bank, which of some are strategically located near KLK's plantations and property projects.
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