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KLK acquires more than 90% stake in two oil palm firms for RM276 55mil

PETALING JAYA: Kuala Lumpur Kepong Bhd (KLK) and its Singapore-incorporated wholly-owned subsidiary, KLK Plantations and Trading Pte Ltd, are acquiring more than a 90% stake in two Indonesian oil palm companies for a combined RM276.55mil.

Kuala Lumpur Kepong unit buys stakes in two Indonesian companies for RM276m in related party transaction

KUALA LUMPUR, Dec 14 Kuala Lumpur Kepong Bhd’s (KLK) Singapore-incorporated wholly-owned subsidiary, KLK Plantations and Trading Pte Ltd (KLKPT), has entered into two.

Batu Kawan Q3 net profit fell to RM82 81m

KUALA LUMPUR, Aug 24 Batu Kawan Bhd’s net profit for the third quarter ended June 30, 2023 (3Q 2023) fell to RM82.81 million from RM304.29 million in the same quarter last.

Batu Kawan anticipates challenges in manufacturing segment amid weak consumer demand

PETALING JAYA: Batu Kawan Bhd expects its manufacturing segment, particularly the oleochemical's businesses in Europe and China, to remain challenged with weakness in consumer demand.

Plantation, manufacturing segments weigh on Batu Kawan 2Q profit

KUALA LUMPUR: Batu Kawan Bhd’s net profit slid to RM120.05 million in the second quarter ended March 31, 2023 from RM316.54 million a year earlier, mainly due to lower profits from the manufacturing and plantation segments.

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