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Article: Pursue mergers, Najib tells commodity-based firms

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New Straits Times
Article date:
July 6, 2007
Author:
Copyright

Hamisah Hamid
New Straits Times
07-06-2007
Pursue mergers, Najib tells commodity-based firms
Byline: Hamisah Hamid
Edition: Main/Lifestyle
Section: Business Times
Type: News

MALAYSIAN companies in the commodities sector should consider establishing joint ventures or mergers and acquisitions (M&As) to expand in the already saturated export market, Deputy Prime Minister Datuk Seri Najib Razak said.

Najib cited IOI Corp's ownership of Loders Croklaan, Golden Hope's of Unimills and Felda's of Twin Rivers Technologies in the US as examples.
"The synergy from the ownership and takeover will enhance the market share of Malaysian plantation companies not only in Europe and the US, but also ...

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