IJM Corp enters deal with KLK to dispose entire stake in IJM Plantations


KUALA LUMPUR: IJM Corp Bhd has accepted Kuala Lumpur Kepong Bhd's (KLK) offer to acquire its 56.2% stake in IJM Plantations Bhd for RM1.53bil cash, the company told Bursa Malaysia today.

The deal, when completed, would trigger a mandatory general offer (MGO) for KLK to buy out the remaining minority shareholders IJM Plantations.

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IJM Corp , KLK , IJM Plantations , palm oil

   

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