Affin Research: No significant impact on KL Kepong from Tensa purchase

KUALA LUMPUR: Affin Investment Research does not expect Kuala Lumpur Kepong Bhd's (KLK's) proposed acquisition of Tensa Chem SA to significantly impact the group.

KLK had signed a deal with GRI Group Ltd and three individuals on Monday for the sale and purchase of the entire issued and paid-up capital of TensaChem for 16.2mil pound sterling (RM70.4mil), on a debt free cash free basis.