- Equatorial Palm Oil said half-owned joint venture company Liberian Palm Developments had entered into a loan agreement of up to $20.0m with a subsidiary of Kuala Lumpur Kepong Berhad.

The loan had a term of five years, with interest paid at three-month US-dollar Libor plus 5% per annum.

The loans were in addition to, and on the same terms as, loans of $20.5m, $30.0m and $30.0m already provided by Kuala Lumpur Kepong.

At 1:50pm: [LON:PAL] Equatorial Palm Oil PLC share price was -0.15p at 1p

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