Analysts see robust M&A activities in plantation

TheStar Tue, Jul 21, 2020 10:00am - 3 years View Original


In a research note, Maybank IB Research said plantation land/estate and plantation-related transactions within Malaysia had totalled RM647mil in the first half of this year, surpassing total transactions done in 2019 of RM528 mil.

KUALA LUMPUR: Merger and acquisition (M&A) activities in the plantation sector in Malaysia will remain robust in the second half of this year and next year, after picking up momentum in the first half of the year.

In a research note, Maybank IB Research said plantation land/estate and plantation-related transactions within Malaysia had totalled RM647mil in the first half of this year, surpassing total transactions done in 2019 of RM528 mil.

It said the transacted prices in 2019 and up to the first half 2020 ranged between RM18,801 and RM762,295 per hectare, with the lower end of the transaction values were mainly from two transactions in Sarawak where the estates were severely underperforming and/or located in less-than-ideal localities.

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