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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| New Brit. Palm | LSE:NBPO | London | Ordinary Share | PG0009239032 | ORD NPV (DI) |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 712.50 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From May 2019 to May 2024
By Jason Ng
KUALA LUMPUR--Kulim (Malaysia) Bhd. (2003.KU) said Wednesday it has agreed to sell its shares in New Britain Palm Oil Ltd. (NBPO.LN) to Sime Darby Bhd. (4197.KU) in a 525.4 million pound ($821.7 million) deal.
The GBP7.15 per share offer from Sime Darby has also been approved by minority shareholders, Kulim said in a statement to the stock exchange. Kulim owns a 49% stake in Papua New Guinea-based alternative-fuel producer New Britain Palm Oil.
In October, Sime Darby launched a GBP1.07 billion pound takeover offer for New Britain Palm Oil in a deal that would strengthen the Malaysian conglomerate's position as a palm-oil supplier in Europe.
Write to Jason Ng in Kuala Lumpur at jason.ng@wsj.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
1 Year New Britain Palm Oil Chart |
1 Month New Britain Palm Oil Chart |
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