Advertisement
Singapore markets closed

  • Straits Times Index

    3,280.10
    -7.65 (-0.23%)
     

  • Nikkei

    37,934.76
    +306.28 (+0.81%)
     

  • Hang Seng

    17,651.15
    +366.61 (+2.12%)
     

  • FTSE 100

    8,119.32
    +40.46 (+0.50%)
     

  • Bitcoin USD

    63,794.44
    +703.85 (+1.12%)
     

  • CMC Crypto 200

    1,380.89
    -15.65 (-1.12%)
     

  • S&P 500

    5,078.98
    +30.56 (+0.61%)
     

  • Dow

    38,108.79
    +22.99 (+0.06%)
     

  • Nasdaq

    15,808.27
    +196.51 (+1.26%)
     

  • Gold

    2,357.30
    +14.80 (+0.63%)
     

  • Crude Oil

    84.27
    +0.70 (+0.84%)
     

  • 10-Yr Bond

    4.6690
    -0.0370 (-0.79%)
     

  • FTSE Bursa Malaysia

    1,575.16
    +5.91 (+0.38%)
     

  • Jakarta Composite Index

    7,036.08
    -119.22 (-1.67%)
     

  • PSE Index

    6,628.75
    +53.87 (+0.82%)
     

Malaysia Sime Darby says wins EC nod for $1.74 bln New Britain Palm Oil buy

Reuters

KUALA LUMPUR, Jan 28 (Reuters) - Malaysia's Sime Darby Bhd , the world's top oil palm planter by land size, said on Wednesday it had obtained the European Commission's approval to buy New Britain Palm Oil Ltd for about $1.74 billion.

Sime Darby said in a stock exchange filing the clearance was obtained on Tuesday. The company had announced in October the proposed acquisition with a view to adding high yielding plantations that can immediately boost its earnings.

For the full filing, please click: http://bit.ly/1HaBK6k (Reporting By Yantoultra Ngui; Editing by Muralikumar Anantharaman)