De-consolidating plantation Maintain BUY with an unchanged TP We remove plantation contribution in our revised IJM earnings estimates with the completion of sale of IJMP to KLK on 6 Sep. Our revised FY22E earnings also include a MYR699.9m one-off gain from the sale, to be booked in 2QFY22. Our RNAV-TP is unchanged at MYR2.20; it […]

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