Low earnings impact on SDP from Kigip

Kenanga Research said RE is not new to SDP as the group already operates 16 biogas plants across Malaysia, Indonesia and Papua New Guinea.

PETALING JAYA: Sime Darby Plantation Bhd (SDP) is expected to see minimal impact to earnings in the next 12 to 24 months from its plan to develop Tali Ayer estate in Perak into a green industrial park.

SDP said it plans to collaborate with its largest shareholder, Permodalan Nasional Bhd (PNB), to develop the 405ha industrial park which includes a 660-acre solar farm to draw green electrical and electronic (E&E) investments.