Posted by calvintaneng > 2023-04-01 17:59 | Report Abuse

Another fact that must be highlighted

KLK took Ijmplant private at Rm3.10 (was rm1.86)

Ijmplant is identical with Tsh resources which both own palm oil estates in Sabah, East Kalimantan and Sumatra

KLK PEOPLE STILL SEES VALUE IN PALM OIL FUTURE AND ACQUIRED IJMPLANT AT PREMIUM PRICES

THE IRONY IS THIS

THERE IS A GENERAL AVERSION AMONG IB BANKERS AND MEDIA BEING NEGATIVE AND AT BEST NEUTRAL TO PALM OIL IN MALAYSIA

NO WONDER THAT MALAYSIA END UP AS ONE OF THE WORST PERFORMING STOCK MARKET