KL-Kepong Reduces Stake in Equatorial Palm Oil to 49.08% From 62.86%
September 10 2020 - 4:44AM
Dow Jones News
By Jaime Llinares Taboada
Equatorial Palm Oil PLC said Thursday that its majority owner
KL-Kepong International Ltd. has reduced its stake in the company
below 50%.
The London-listed company said KL-Kepong--a subsidiary of Kuala
Lumpur Kepong Bhd., a Malaysian oleochemicals producer--reduced its
shareholding to 49.08% from 62.86%.
Shares in Equatorial Palm Oil at 0903 GMT were up 0.08 pence, or
7.0%, at 1.15 pence.
Write to Jaime Llinares Taboada at jaime.llinares@wsj.com;
@JaimeLlinaresT
(END) Dow Jones Newswires
September 10, 2020 05:29 ET (09:29 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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