LONDON-- Malaysian multinational Kuala Lumpur Kepong Berhad (2445.KU) said Tuesday that any offer it mades for Equatorial Palm Oil PLC (PAL.LN) would likely be solely in cash.

-Equatorial shares at 0956 GMT, up 2.2%, at 6 pence valuing the company at GBP11.5 million.

-Write to Rory Gallivan at rory.gallivan@wsj.com; Twitter: @RoryGallivan

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