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.

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Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

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Kuala Lumpur Kepong , KLK , Sumatra , land , purchase , price fair ,

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