KUALA LUMPUR (Bernama) -- Kuala Lumpur Kepong Bhd
(KLK) had completed the acquisition of 56.2% stake in IJM Plantations Bhd for a total cash consideration of RM1.53 billion.
In a filing with Bursa Malaysia today, KLK said following the completion of the acquisition, it is now holding 498.16 million shares, representing 56.57% equity interest, in IJM Plantations which has brought the plantation company to become a subsidiary of KLK.
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