With currently 846,141 ha in plantation land bank through Sime Darby Plantation, a successful takeover — conditional upon gaining at least 51% ownership — would add NBPOL’s 134,611 ha into the fold, taking Sime Darby Plantation across the one million ha mark in land bank.
Moody’s: NBPOL buy to boost Sime Darby’s edge
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Plantation-based conglomerate Sime Darby Bhd’s pursuit of dual-listed New Britain Palm Oil Ltd (NBPOL) will boost the former’s competitive edge against its peers, said Moody's Investors Service, if the proposed acquisition pulls through. "Sime Darby is already the world's largest …
