KUALA LUMPUR: Sime Darby Plantation Bhd's (SDP) board of directors has approved the divestment of the entire 100% stake in Sime Darby Plantation Liberia Inc. (SDPL) to Mano Palm Oil Industries (MPOI).
SDP said on Friday this decision was part of its current asset monetisation exercise, which includes the divestment of underperforming assets or assets that have achieved its full value potential for disposal.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!