Malaysia's construction group IJM Corp accepts KLK's offer for plantation biz

Malaysia's construction group IJM Corp accepts KLK's offer for plantation biz

KL Tower in Kuala Lumpur, Malaysia.

Malaysian construction group IJM Corporation Bhd has accepted Kuala Lumpur Kepong Bhd’s (KLK) 1.53 billion ringgit ($372.63 million) cash offer for its entire stake in its palm oil plantation business, a stock exchange filing on Friday showed.