Malaysian Billionaire Brothers’ KL Kepong Leads $747 Million Takeover Of Boustead Plantations

Kuala Lumpur Kepong—controlled by brothers Lee Oi Hian and Hau Hian—is expanding its palm oil business by taking over Boustead Plantations, in a deal valuing the smaller rival at 3.5 billion ringgit.

Sep 3, 2023 - 22:33
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Malaysian Billionaire Brothers’ KL Kepong Leads $747 Million Takeover Of Boustead Plantations
Kuala Lumpur Kepong—controlled by brothers Lee Oi Hian and Hau Hian—is expanding its palm oil business by taking over Boustead Plantations, in a deal valuing the smaller rival at 3.5 billion ringgit.

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