Nexus -
info_outline
Stay signed in to save your points and redeem your rewards at Nexus

Your Rewards are Waiting!

Stay signed in to save the points you've earned. Click on the points to redeem your rewards at Nexus before they expire.

Login In Now
Corporate News

KLK’s Sumatra land deal price fair

By P. ARUNA
File pic shows a KLK oil palm plantation.

PETALING JAYA: Kuala Lumpur Kepong Bhd’s (KLK) latest deal to acquire some 14,106ha of a planted oil palm estate in Sumatra for RM341.55mil is fairly priced, although it may not be earnings accretive in the immediate term.

This, analysts said, was due to the present low crude palm oil (CPO) price.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Kuala Lumpur Kepong , KLK , Sumatra , land , purchase , price fair ,

Next In Business News
Consumers trade down
Europe’s�new growth regime
Tech gets a power-up
Private credit weathers the storm
China’s evolving luxury spending
Distorted valuation methods hide true value
Hainan’s electric roadmap
New phase of AI boom
Film fame comes to Favignana
LSS6 moves to address structural gaps�

Trending in Business

Others Also Read

Load more

Copyright © 1995- Star Media Group Berhad [197101000523 (10894-D)]

Best viewed on Chrome browsers.