Soft CPO prices boost M&As in plantation sector

Under pressure: A file picture showing a villager harvesting oil palm fresh fruit bunches. CPO prices are expected to be under pressure from rising palm oil output from Malaysia and Indonesia.

Latest one is between two Sabah-based oil palm plantation firms

THE softening in crude palm oil (CPO) prices has increased the appetite for merger and acquisition (M&A) exercises among the local plantation companies.