KLK completes acquisition of IJM Plantations

KLK chief executive officer and executive director Tan Sri Lee Oi Hian (pic) said the acquisition will further strengthen the group’s plantation business through better synergies across its value chain.

KUALA LUMPUR: Kuala Lumpur Kepong Bhd (KLK) has completed its acquisition of a 56.2% stake in IJM Plantations Bhd (IJMP), thus making it a subsidiary of the KLK group.

In a statement yesterday, KLK chief executive officer and executive director Tan Sri Lee Oi Hian (pic) said the acquisition will further strengthen the group’s plantation business through better synergies across its value chain.