PETALING JAYA: The appetite for oil palm brownfield in Malaysia among big planters is expected to sustain this year with mergers and acquisitions (M&As) in the offing.
Industry experts and analysts pointed out that the ban on new oil palm land expansion, rising cost of production (COP), weak crude palm oil (CPO) prices and lack of interest in greenfield acquisition could trigger more M&A activities this year compared with 2018.
