PETALING JAYA: IJM Plantations Bhd swung to the black on a year-on-year (y-o-y) basis with a net profit of RM101.04mil in the second quarter of its financial year ended Sept 30, 2021, as compared to a net loss of RM1.04mil in the year-ago quarter.
KUALA LUMPUR: In the event of a mandatory general offer (MGO) for shares in IJM Plantations Bhd by Kuala Lumpur Kepong Bhd (KLK), Kenanga Research has recommended stakeholders accept the proposed offer given its premium valuations.
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.