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ASEAN Speaks

KL Kepong's Cash Offer for IJM's stake in IJM Plantations

14 Jun 2021

Description

KL Kepong has launched a RM1.5b cash offer to buy IJM's 56% stake in IJM Plantations. Is the deal accretive and are there other noteworthy acquisition targets left within the sector? Thailand's stock market has performed well despite sluggish economic data and concerns over rising covid cases. Maria Lapiz, Maybank's Thai Research Head shares her insights and her top 3 picks for the remainder of 2021. 

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