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KUALA LUMPUR: The Sime Darby Group, via plantation arm Sime Darby Plantation Sdn Bhd, has launched a conditional general offer (GO) to acquire all the shares in dual-listed plantation group New Britain Palm Oil Ltd (NBPOL) at £7.15 (RM37.54) per share for a total purchase consideration of £1.07bil (RM5.6bil).
PETALING JAYA: Sime Darby Bhd has walked away from buying a stake in New Britain Palm Oil Ltd (NBPOL) after the exclusivity period to conclude the deal ended.
THE most intense cross-border oil palm plantation deal this year has to be the race for a major stake in London Stock Exchange (LSE) listed New Britain Palm Oil Ltd (NBPOL) based in Papua New Guinea (PNG).
KUALA LUMPUR: Carlsberg Brewery Malaysia Bhd posted higher net profit and revenue in the second quarter ended June 30, 2019 driven by higher sales across all major product segments fuelled by continuous marketing investments on consumer-facing activities.
London: A year after taking the helm of Hong Kong’s biggest conglomerate from his father Li Ka-shing, Victor Li is making a US$3.3bil bet that Brexit won’t dent the value of UK pubs or the land under them.
MANILA: Philippine boxing champion Manny Pacquiao launched his very own cryptocurrency on Sunday at a free concert in Manila, where he serenaded more than 2,000 fans to drum up interest in the product.