SD Guthrie’s latest tie-up a timely venture


PETALING JAYA: SD Guthrie Bhd’s plans to maximise returns from its asset base, namely well located landbank, should see a higher return on equity (ROE) moving forward, says Kenanga Research.

On Wednesday, the plantation group entered into an memorandum of understanding (MoU) with Eco World Development Group Bhd (EcoWorld) and NS Corp Sdn Bhd to jointly develop a 1,166-acre industrial park in Bukit Pelandok, Negri Sembilan.

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