Asset monetisation in 2H to help boost Sime Plantation's earnings


sime Plantation2

KUALA LUMPUR: Sime Darby Plantations targets to raise RM1bil in FY19 from its ongoing asset monetisation exercise, Maybank Investment Bank Research.

It said on Tuesday of a total 16 sales and purchase agreements (SPAs) totalling 3,300 acres of land which it is working on, 10 SPAs have been signed thus far, involving 1,600 acres of land.

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