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KUALA LUMPUR: Shares in IJM Plantations Bhd surged 21% after Kuala Lumpur Kepong Bhd (KLK) proposed to acquire a 56.2% stake in the former.
KUALA LUMPUR: Analysts are maintaining their earnings forecasts on Kuala Lumpur Kepong Bhd (KLK) pending an outcome on its offer to purchase IJM Corp Bhd's entire stake in IJM Plantation Bhd for RM1.58bil, although there could be long-term upsides from the deal.
The commodity market is experiencing a major boom thanks to the massive stimulus by the world’s major economies.
EPF, Moody’s outlook on economy, KL Kepong and IJM Plantations, Creador and Tealive among top read stories
KUALA LUMPUR: Foreign funds remained net sellers for the second straight week with net outflow of RM193.86mil last week against RM135.63mil in the preceding week, according to MIDF Research.
PETALING JAYA: Most brokerages are recommending minority shareholders of IJM Plantations Bhd (IJMP) to accept the attractive takeover offer by plantation giant Kuala Lumpur Kepong Bhd (KLK).
IT is less than a fortnight until the closing date of Bank Negara’s digital bank licence application and the heat it is generating is intense.