Kuala Lumpur Kepong Berhad (KLSE:KLK) agreed to acquire the remaining 50% stake in Liberian Palm Developments Ltd. from Equatorial Biofuels (Guernsey) Limited on June 9, 2020. The transaction has been approved by shareholders of Equatorial Biofuels (Guernsey) Limited. There are now no outstanding conditions precedent to completion of the disposal save for the completion of final procedural documentation, which is expected to be completed in the coming days. James Harris and James Bellman of Strand Hanson Limited acted as nominated advisers to Equatorial Palm Oil plc parent of Equatorial Biofuels (Guernsey) Limited. Kuala Lumpur Kepong Berhad (KLSE:KLK) completed the acquisition of the remaining 50% stake in Liberian Palm Developments Ltd. from Equatorial Biofuels (Guernsey) Limited on June 11, 2020.