News

Major mergers & acquisitions news in the palm market in Jan-Jun 2021

  1. Malaysia’s Boustead examining options for its listed Bousted Plantations Bhd. palm oil unit including a sale
  2. TSH Resources to sell plantation assets in Sharikat Keratong Sdn Bhd for RM 248 million (US$60.50 million) – July 2021
  3. NPC Resources accepts IOI Corp’s offer to buy palm oil land in Sabah—July 2021
  4. KLK Plantations agreed to absorb IJM Plantations from IJM Corp for US$370 million—June 2021
  5. KLK fails to acquire Indonesian plantation PT Farinda Bersaudara and a 90% stake in PT Tough Swakarsa Sejahtera from TSH Resources – June 2021
  6. FELDA fails to reclaim its former subsidiary and delist Felda Global Ventures— March 2021