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Boustead Plantations Rises Again After Takeover Report

Por: MarketWatch Business June 19, 2023

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The Edge Weekly reported in a publication dated Monday that Boustead Holdings is looking to dispose of its 57% stake in Boustead Plantations, with YTL Corp. Bhd., IOI Corp. Bhd., Wilmar International and Kuala Lumpur Kepong among bidders for the stake. A spokeswoman for both Boustead Holdings and Boustead Plantations told The Wall Street Journal that she didn't have any details about plans for a stake disposal. KLK was 5.1% higher in early... + full article



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