Malaysia's Kuala Lumpur Kepong eyes bigger stake in Britain's Synthomer - sources

“For exposure, we prefer integrated players such as Kuala Lumpur Kepong Bhd and IOI over purer upstream players, as earnings of integrated players tend to be better insulated amidst the volatile palm product price trend,” HLIB said.(File pic shows KLK plantation)

SINGAPORE: Malaysian plantation giant Kuala Lumpur Kepong Bhd is considering raising its stake in British chemicals company Synthomer Plc as it looks to further expand its specialty chemicals business globally, two sources told Reuters.

Kuala Lumpur Kepong is talking with at least one financial adviser to explore potentially boosting its 26.3% stake in Synthomer, said the sources with knowledge of the matter.