UK 22:53 Wednesday, 23 September 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
Hello Share Mashers. Palm oil is controversial stuff. Many animals and birds aren't a fan of it, so when other trees are felled and palm trees replace them it ain’t good news for the environment. This happens in Africa for example, but one company that’s aware of the problem and addresses it is M. P. Evans (MPE). Sustainability - that’s the name of its game. It owns certified sustainable oil-palm plantations in Indonesia and has an investment in a property company in Malaysia.
Having soared above 600p in October and reached more than 700p in November, shares in palm oil producer M. P. Evans (MPE) are currently back at around 550p following the offer for the company lapsing. You can’t say you weren’t warned…
Previously writing on M. P. Evans (MPE) I concluded that it continues to look as though the difference between what Kuala Lumpur Kepong (and prior share price levels) and the M. P. Evans board (and the “independent valuer’s” and a number of key investors) seem to consider a fair valuation may well deny a deal here – and we now have an update from both sides…
To further bolster its defence against a 740p per share offer from Malaysian company Kuala Lumpur Kepong (Oops sorry, “in the pursuit of the board's strategy to control and manage all our Indonesian plantation assets”), M. P. Evans (MPE) has announced a conditional agreement to sell its 36.84% share in PT Agro Muko to partner Sipef for $100 million and intention to pay a 10p per share special dividend to shareholders following completion…
Seeking to further bolster its defence against a 740p per share offer from Malaysian company Kuala Lumpur Kepong Berhad, M. P. Evans (MPE) has made an “announcement of independent valuer’s valuation and dividend policy”...
Previously writing last week on the increased, 740p per share, offer from Malaysian company Kuala Lumpur Kepong Berhad for M. P. Evans (MPE), I considered it unlikely that it would be sufficient to achieve a change of stance from the M. P. Evans boardroom and that, although the response of the seven shareholders who together held more than 50% of the issued share capital could be more interesting, I was far from convinced that the offer would succeed. The following updates on subsequent developments…
With the M. P. Evans (MPE) board and shareholders of a majority of its share capital having rejected a 640p per share takeover offer, Malaysian company Kuala Lumpur Kepong Berhad has now returned with a 740p per share “final cash offer”…
Following its announcement earlier this week that the board had unanimously rejected a 640p per share takeover offer from Malaysian company Kuala Lumpur Kepong Berhad, M. P. Evans (MPE) has detailed that shareholders of a majority of its share capital have also stated their intention to reject the offer and why it considers the offer “highly opportunistic and wholly inadequate”...
Shares in palm oil producer M. P. Evans (MPE) have soared more than 43% to 610p on the back of a takeover offer from Malaysian company Kuala Lumpur Kepong Berhad – though the offer has been unanimously rejected by the M. P. Evans board...
Since I last covered MP Evans (MPE) in May, there has been no lack of drama on AIM. But if you just wanted to own a decent business, collect a few dividends and sleep somewhat soundly at night, you could have done a lot worse than buying into this company.
AIM is home to an incredible variety of companies. That’s great news for those of us with short attention spans – we can never get bored digging around for AIM treasure (or as Buffett might say, there are many rocks for us to look underneath).
