Sime aborts NBPOL deal

  • 6 years ago
Sime Darby has decided not to proceed with its planned acquisition of Kulim's 48.97 per cent stake in New Britain Palm Oil Limited (NBPOL).

In a statement to bursa Malaysia the company said following the expiry of the exclusivity agreement that expired on September 28th.The company had aborted its plans without citing any reasons.

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