Further M&A activity expected for plantations sector

KUALA LUMPUR: The mergers and acquisitions (M&A) in the plantations sector are expected to continue, underpinned by the high crude palm oil prices and undervaluation of small and mid (SMID) caps.

"Undervalued SMID caps such as BPLANT (BUY) and HAPL (Not Rated) will continue to be potential M&A and/or privatisation targets," said Maybank Investment Bank Research in a note.

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 48
Cxense type: NA
User access status: 0
Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!

Maybank IB Research , plantations , CPO , M&A


Next In Business News

Hong Kong's cenbank raises interest rate after Fed hike, HSBC keeps rate unchanged
Maybank’s financial literacy programme reaches out to over 37,000 students in 2022
Oil climbs as dollar slumps, OPEC+ keeps output cut policy
Shell makes record US$40bil annual profit
Sony Q3 profit down 7.8%, but beats analysts' estimates
Adani group's market losses hit US$100bil as stocks sink after botched share sale
DNeX secures maintenance job for IRB tax system
Oil climbs as dollar slumps, Opec+ keeps output cut policy
Kerjaya Prospek subsidiary bags RM135.41mil design-and-build job
Tech counters surge on Bursa

Others Also Read