KUALA LUMPUR: Analysts are positive on the breakdown of Kuala Kepong Bhd’s (KLK) proposed deal with Armed Forces Fund Board (LTAT) and Boustead Holdings Bhd to purchase a 33 per cent interest in Boustead Plantations Bhd (BPlant) for RM1.15 bilion, given BPlant’s expensive valuation, low earnings and hefty replanting costs.

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