A potential sale of its Indonesian plantations will help Sime Darby Plantation Bhd
(SDP) tremendously in shoring up its balance sheet, which stands at a gearing level of 55% at present.
However, the company would possibly need to deal with lowered valuations if a sale were to go through at this point in time due to the recent fall in the price of crude palm oil (CPO) over the Covid-19 pandemic and oil price crash.
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