PETALING JAYA: It will be a very close fight among plantation giants Wilmar International Ltd, Sime Darby Bhd
and Felda Global Ventures Holdings Bhd (FGV) in their bid to acquire a 49% stake in New Britain Palm Oil Ltd (NBPOL) worth RM3bil, according to industry experts.
Plantation industry expert M. R. Chandran said depending on what they brought to the table, all three companies could go into creating value for the local population in Papua New Guinea (PNG) where NBPOL was based.
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