{
  "id": 8139385,
  "title": "Johor Plantations' palm oil complex opens new growth avenue",
  "url": "https://urgent.news/2026/09/18/johor-plantations-palm-oil-complex-opens-new-growth-avenue",
  "topic": "business",
  "section": "Business",
  "published": "2026-09-18T01:19:06.000Z",
  "source": {
    "name": "New Straits Times",
    "slug": "new-straits-times",
    "url": "https://www.nst.com.my/business/corporate/2026/09/1535208/johor-plantations-palm-oil-complex-opens-new-growth-avenue"
  },
  "original_language": "en",
  "account": null,
  "summary": "Johor Plantations Group is set to expand its growth prospects through the development of its Integrated Sustainable Palm Oil Complex (iSPOC) in Sedali, Johor. The complex, scheduled for commissioning in the second half of FY26, will transition the company away from bulk crude palm oil and palm kernel production towards higher-value downstream palm-based products. This shift could potentially lift earnings from FY27 and support a higher valuation multiple as the earnings mix moves towards value-added products. Apex Securities Bhd has initiated coverage on the company, highlighting the potential benefits of a developing El Nino weather phenomenon, which could support CPO prices and extend the current high-CPO-price environment into FY27. The analyst firm has a Buy rating on Johor Plantations with a target price of RM2.23.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}