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19791976 Acquisition of all the minority shareholdings in Kepong Plantations Berhad. 1974 KLK's shares listed on the stock exchanges of Kuala Lumpur, Singapore and London. |
![]() Kuala Lumpur Kepong Berhad ("KLK") was incorporated in Malaysia and under a Scheme of Reconstruction, KLKA went into voluntary liquidation with KLK taking over the assets and liabilities of KLKA. The Group acquired 28,000 acres of jungle land in north central Johor. The area was cleared and planted with oil palm at an approximate cost of RM53 million which was partially financed by an issue of 23 million debenture stocks in 1975. The debenture stocks were fully redeemed in 1981. |
![]() Two Malaysian directors, namely Mr. Lee Loy Seng (left) and Mr. Yeoh Chin Hin (right), were appointed to KLKA’s Board. 1971 KLKA set up its Head Office in Kuala Lumpur and in 1972, KLKA’s tax residence was transferred from United Kingdom to Malaysia. |
| 1989 - 1980 |
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