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Kuala Lumpur Kepong Berhad (2445.KL)
| Previous close | 22.92 |
| Open | 23.00 |
| Bid | 23.00 x 0 |
| Ask | 23.04 x 0 |
| Day's range | 22.90 - 23.04 |
| 52-week range | 20.62 - 23.94 |
| Volume | |
| Avg. volume | 898,798 |
| Market cap | 25.217B |
| Beta (5Y monthly) | 0.28 |
| PE ratio (TTM) | 40.35 |
| EPS (TTM) | 0.57 |
| Earnings date | 22 May 2024 - 27 May 2024 |
| Forward dividend & yield | 0.60 (2.61%) |
| Ex-dividend date | 30 Jan 2024 |
| 1y target est | 23.33 |
- Reuters SG
UPDATE 2-KLK, Boustead Plantations' $243 mln stake deal falls through in Malaysia
Malaysian palm oil producer Kuala Lumpur Kepong on Wednesday said a 1.15 billion ringgit ($243.18 million) deal for it to acquire a 33% stake in smaller rival Boustead Plantations has been terminated. KLK, as the company is known, said a condition to finalise the share acquisition will not be satisfied by the cut-off date of Oct. 6, but did not give further details. Boustead will return a deposit sum of 229.2 million ringgit to KLK as a result of the termination.
- Reuters SG
UPDATE 1-Boustead Plantations' deal with Kuala Lumpur Kepong awaits final decision
Malaysian palm oil producer Boustead Plantations said on Tuesday that a proposed collaboration with bigger rival Kuala Lumpur Kepong was pending a final decision between the two companies. A media report earlier in the day said that a 1.15 billion ringgit ($243.54 million) deal for a 33% stake in Boustead by Kuala Lumpur Kepong had fallen through. The cut-off date for finalising the deal is Oct. 6, according to Boustead.
- Reuters SG
UPDATE 3-Malaysia's Boustead Plantations to be taken private by KLK, top shareholders
Malaysian palm oil firm Kuala Lumpur Kepong Berhad said on Thursday it plans to buy a 33% stake in Boustead Plantations and eventually take over the smaller rival along with other top shareholders, in a deal valuing the company at 3.47 billion ringgit ($748 million). The stake purchase and the takeover proposal represent an offer price of 1.55 ringgit per share, a 13% premium to Boustead Plantations' closing price on Wednesday. KLK, as the company is known, will buy the 33% stake from conglomerate Boustead Holdings for 1.15 billion ringgit ($248 million), it said in a statement.
