Cash-rich plantation firms on the prowl


THE big plantation companies in the country are flushed with cash.

Sitting on massive cash reserves of over RM20bil as at the end of last year, the top 40-odd local planters have, over the decades, reaped the benefits of high margins from their sizeable plantations, along with a lucrative refining business. And they are looking to spend all that money on growing their plantations.

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Business , oil palm and palm oil

   

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