<div class=newsTextDataWrapInner><p>KUALA LUMPUR (Sept 11): Kuala Lumpur Kepong Bhd (KLK) has entered into a letter of agreement with Boustead Holdings Bhd (BHB) and the Armed Forces Fund Board (LTAT) to agree for the cut-off date for a strategic collaboration agreement (SCA) to be Sept 22 or such other date as may be agreed in writing between KLK, BHB and LTAT.</p></div>

<div class=newsTextDataWrapInner><p>In a filing on Monday, KLK said all the other provisions contained in the SCA shall remain unchanged and be in full force and effect.</p></div>

<div class=newsTextDataWrapInner><p>KLK on Aug 24 announced a plan to acquire a 33% stake plus one share in Boustead Plantations Bhd (BPlant), buying the shares from the Armed Forces Fund Board (LTAT) and its flagship, the recently privatised BHB.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>KLK will pay RM1.55 per share or RM1.15 billion in cash to LTAT and BHB and undertake a mandatory general offer.</p></div>

<div class=newsTextDataWrapInner><p>The plan is for KLK to own 65% of BPlant, while LTAT and BHB will control the remaining 35%.</p></div>

<div class=newsTextDataWrapInner><p><em>Read also:&nbsp;<br />
<a href="https://theedgemalaysia.com/node/679974" target="_blank">KLK proposes to buy 33% and one share in BPlant for RM1.15b, take company private, confirming The Edge’s report</a><br />
<a href="https://theedgemalaysia.com/node/680317" target="_blank">A KLK lifeline for Boustead Plantations and LTAT</a></em></p></div>


KUALA LUMPUR (Sept 11): Kuala Lumpur Kepong Bhd (KLK) has entered into a letter of agreement with Boustead Holdings Bhd (BHB) and the Armed Forces Fund Board (LTAT) to agree for the cut-off date for a strategic collaboration agreement (SCA) to be Sept 22 or such other date as may be agreed in writing between KLK, BHB and LTAT.

KLK inks agreement with Boustead and LTAT for Sept 22 cut-off date for BPlant deal

This year as Malaysia and China commemorate 50 years of diplomatic relations, enhanced collaboration, and cooperation between the two nations will prove beneficial. The potential for the strengthening of bilateral relations is most recently demonstrated by the numerous commercial agreements and memorandums of understanding (MOUs) worth billions of ringgit that both countries inked.

Trade and investment key to bolstering Malaysia-China relations

For more than a decade, the Malaysian government has been pushing commercial and residential properties to adopt renewable energy (RE) options such as solar power. The Sustainable Energy Development Authority (SEDA) Malaysia was also set up in 2011 to help facilitate this mission. Today, while interest has picked up among commercial lots, many Malaysians still aren’t adopting it at home.

Making solar adoption more attractive via SolaRIS

KUALA LUMPUR (May 19): The unity government condemns the actions of those who try to intimidate and threaten the safety of MPs in the country.

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Jeff Bezos' space firm Blue Origin is scheduled on Sunday to launch its first crew of humans to the edge of space since the company's suborbital New Shepard rocket was grounded in 2022, resuming its space tourism business.

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KUCHING (May 19): A mechanism to effectively control inflation must be established to ensure workers can fully benefit from any wage increase, said Sarawak Premier Tan Sri Abang Johari Tun Openg.

He said that any wage increase announced by the government or the private sector is meaning...

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<p>The police have confirmed receiving a report from Seputeh Member of Parliament (MP) Teresa Kok Suh Sim about a threatening letter she received on Saturday.</p>


<p>Didi Global Inc president Jean Liu is relinquishing her roles as president and board director of China’s ride-hailing giant after almost a decade in the positions, as the company tries to revive growth following a regulatory crackdown by the government.</p>


<p>Efforts to assist small and medium-sized Malaysian companies in expanding their overseas market penetration must be enhanced to put them in a more favourable position, according to Prime Minister Datuk Seri Anwar Ibrahim.</p>


<p>KUALA LUMPUR (May 19): The unity government condemns the actions of those who try to intimidate and threaten the safety of MPs in the country.</p>

<p>Unity government spokesman Fahmi Fadzil said such shameful action should not be directed at any MP, whether they are backbenchers or from the Op...

<p>Trade and investment will be the main focus for cooperation between Malaysia and Uzbekistan, following Pr</p>


<p>KUCHING (May 19): A mechanism to effectively control inflation must be established to ensure workers can fully benefit from any wage increase, said Sarawak Premier Tan Sri Abang Johari Tun Openg.</p>

<p>He said that any wage increase announced by the government or the private sector is meaning...

<p>SEREMBAN (May 19): Deputy Minister of Communications Teo Nie Ching announced that the Cyber Security Bill is projected to be tabled by the end of this year at the latest.</p>

<p>She stated that the ministry is reviewing various aspects of the bill and seeking feedback from the Attorney General...

Tabling of Cyber Security Bill by year-end, says deputy minister 

<p>Jeff Bezos' space firm Blue Origin is scheduled on Sunday to launch its first crew of humans to the edge of space since the company's suborbital New Shepard rocket was grounded in 2022, resuming its space tourism business.</p>


<p>This year as Malaysia and China commemorate 50 years of diplomatic relations, enhanced collaboration, and cooperation between the two nations will prove beneficial. The potential for the strengthening of bilateral relations is most recently demonstrated by the numerous commercial agreements and memorandums of understanding (MOUs) worth billions of ringgit that both countries inked.&nbsp;</p>


<p>For more than a decade, the Malaysian government has been pushing commercial and residential properties to adopt renewable energy (RE) options such as solar power. The Sustainable Energy Development Authority (SEDA) Malaysia was also set up in 2011 to help facilitate this mission. Today, while interest has picked up among commercial lots, many Malaysians still aren’t adopting it at home.</p>
