Daily Industry News Update (14 June 2021)

INDUSTRY NEWS (14 JUNE 2021)

Hard to resist: Analysts tell IJM Plant shareholders to grab KLK’s offer

Even prior to shareholders’ approval at an extraordinary general meeting (EGM), the writing seems to be already on the wall that IJM Plantations Bhd’s investors will vote in favour of a disposal to Kuala Lumpur Kepong Bhd (KLK). Kenanga Research foresees that this will

IJM-KLK deal will not lead to rerating of plantation stocks

The takeover of IJM Plantations Bhd by Kuala Lumpur Kepong Bhd (KLK) will not lead to a rerating of the plantation sector given KLK has cemented its position as one of the biggest players in the sector while factors like environmental, social, and governance (ESG) remain a

Sime Darby Property records RM572m sales bookings in Raya campaign

Sime Darby Property Bhd (SD Property) has secured outstanding total sales bookings worth RM572 million for 662 residential property units across 14 townships via its Hari Raya festive campaign. SD Property group MD Datuk Azmir Merican Azmi Merican said the company’s

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