Sterling Plantations Limited (DB:F7U) entered into an agreement to acquire investment properties in Kensington High Street, London for £10.2 million on June 6, 2014. As per the terms of the deal, 10% of the deal value was paid on signing the agreement, 10% of deal value is to be paid within 12 months of signing the agreement and balance 80% stake on completion of the deal. Sterling Plantations intends to use the proceeds from the sale of SPC Biodiesel Sdn Bhd for the acquisition. Sterling Plantations Limited (DB:F7U) cancelled the acquisition of investment properties in Kensington High Street, London on July 19, 2017.