Sime Darby Plantation completes sale of Liberia operations


PETALING JAYA: Sime Darby Plantation Investment (Liberia) Pte Ltd, a wholly-owned subsidiary of Sime Darby Plantation Bhd (SDP), has fully disposed of Sime Darby Plantation (Liberia) Inc.

The disposal of 100% equity interest to Mano Palm Oil Industries Ltd was completed on Wednesday for a cash consideration of US$1, plus an earn-out payment to be determined by the average future crude palm oil (CPO) price and future CPO production of SDP Liberia in 2022.

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