Sime Darby mull sale of stake in US$1.7bil PNG arm


KUALA LUMPUR: Sime Darby Plantation Bhd, Malaysia’s biggest listed palm oil producer, is exploring a sale of a minority stake in its Papua New Guinea unit, people familiar with the matter said.

Sime Darby Plantation has asked potential advisers for proposals on options for its New Britain Palm Oil Ltd subsidiary, according to the people.

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