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Kenanga IB Warns of Earnings Impact from Indonesia Land Disputes

2/4/2026

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Story summary
  • Kenanga Investment Bank (Kenanga IB) analyst Khoo Teng Chuan says land disputes in Indonesia could trigger new provisions in 4Q 2025 earnings.
  • SD Guthrie and Genting Plantations have signaled potential charges.
  • Kenanga Investment Bank maintains a neutral outlook with limited earnings growth.
  • Kenanga IB names Kuala Lumpur Kepong, PPB Group, and TSH Resources as top picks.