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COMMENTARY

Why has Sime Darby changed tack on E&O investment?

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When Malaysian conglomerate giant Sime Darby Bhd picked up a 30 per cent stake in niche builder Eastern & Oriental Bhd (E&O) five years ago at an eye-popping premium and dodged a general offer (GO), the world's largest oil palm planter unwittingly set off a chain of events unheard of at the time in corporate Malaysia.

WHEN Malaysian conglomerate giant Sime Darby Bhd picked up a 30 per cent stake in niche builder Eastern & Oriental Bhd (E&O) five years ago at an eye-popping premium and dodged a general offer (GO), the world's largest oil palm planter unwittingly set off a chain of events unheard of at

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