RHB Securities may downgraded the regional palm oil sector to “underweight” rating from “neutral” previously, owing to increasing environment, social and governance (ESG) concerns.

And as a result, the brokerage has lowered its valuation targets and ESG scores for palm oil companies across the board and within its coverage.

Have a premium account? Sign in to continue reading.

Unlimited access to all stories from $99.9/year*

The latest reporting and analysis from business and investments to news and views on social issues.

Bonus:

  • Simultaneous logins across all devices
  • Instant access to past digital issues
  • Unlimited access to The Edge Malaysia
  • *For annual subscription plan only. T&Cs apply

Subscribe

Stay updated with Singapore corporate news stories for FREE

Follow our Telegram | Facebook