Sime Plantation ratings affirmed

Malaysia's Sime Darby Plantation, the world's largest oil palm planter by land holdings, has also expressed interest in Ruchi Soya.

KUALA LUMPUR: Fitch Ratings has affirmed palm-oil producer Sime Darby Plantation Bhd at BBB+ with a stable outlook while it is also positive on the latter’s commitment to sustainable palm oil.

The rating agency, in a statement, has affirmed the long-term foreign currency issuer default rating (IDR) at “BBB+” with a stable outlook and its senior unsecured rating at ‘BBB+’.