Sime Darby Bhd, IOI Corp and Kuala Lumpur Kepong Bhd, three of Malaysia’s biggest listed palm oil producers, had their fair values raised at RHB Research Institute Sdn Bhd to reflect “stronger” prices for the edible oil in 2010.
Sime’s fair value was increased to RM10.60 from RM9.85 while IOI was raised to RM6.70 from RM5.90, RHB said in a report today. Kuala Lumpur Kepong’s fair value was raised to RM19.25. -- Bloomberg
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