KUALA LUMPUR (Jan 16): Sime Darby Plantation Bhd (SDP) has divested its entire interest in its Liberian operations.

In a stock exchange filing today, SDP said its unit Sime Darby Plantation Investment (Liberia) Pte Ltd had on Jan 15 completed the disposal of its entire interest in Sime Darby Plantation (Liberia) Inc (SDP Liberia) to Mano Palm Oil Industries Ltd for US$1 in cash plus an earn-out payment to be determined by the average future crude palm oil (CPO) price and future CPO production of SDP Liberia.