Equity Analysis /
Malaysia

MY : Agribusiness - The potential ESG costs for planters

    Ivy Ng Lee
    Ivy Ng Lee

    Head of Malaysia Research, Regional Head of Agribusiness

    CGS-CIMB
    25 March 2022
    Published by

    We think resolution of US CBP’s concerns could be in sight after SDP made significant progress in addressing gaps relating to its labour practices. However, this comes with one-off remediation fees and potential 7% increase in future cost of production that could also impact other Malaysian planters.