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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 |
LONDON--New Britain Palm Oil Ltd. (NBPO.LN) said Thursday it has been advised by its major shareholder, Kulim (Malaysia) Berhad (2003.KU) of plan to sell its entire 48.97% shareholding in the company, and selected Sime Darby Berhad (4197.KU) as the preferred bidder for its stake.
However, the integrated producer of sustainable palm oil said to date it hasn't received any direct proposal from Sime Darby or any other party with respect to the proposed acquisition of Kulim's equity stake, nor as to the proposed terms of the transaction between them.
Any transaction will be subject to the provisions of the PNG Takeovers Code, it added.
New Britain Palm Oil shares at 1110 GMT down 2 pence, or 0.29%, at 518 pence valuing the company at 778 million pounds ($1.32 billion).
-Write to Ian Walker at ian.walker@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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