PETALING JAYA: Boustead Plantations Bhd
will launch its initial public offering (IPO) next week, amid a recent slump in crude palm oil (CPO) prices that may dampen investor demand for the oil palm grower.
According to term sheets sighted by StarBiz, Boustead Plantations is targeting a listing on Bursa Malaysia on June 26. The company will issue its prospectus on May 27.
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