Kenanga Research said the acquisition by KLK should be earnings-accretive to the group, but with a profit of just about RM30mil to RM60mil.
PETALING JAYA: Kuala Lumpur Kepong Bhd
’s (KLK) recent completion of a controlling stake in Temix Oleo SpA will give it wider exposure to the latter’s expertise in developing natural or bio-based chemicals.
It would also give it better access to its European customer base, where the acquired company is based at.
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