Financial News

Malaysia’s IJM Corp accepts KLK’s offer for plantation biz

KUALA LUMPUR: Malaysian construction group IJM Corporation Bhd has accepted Kuala Lumpur Kepong Bhd’s (KLK) 1.53 billion ringgit (US$372.63 million) cash offer for its entire stake in its palm oil plantation business, a stock exchange filing on Friday showed. Plantation giant KLK proposed …

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