Kulim to inject RM142.48mil into Indonesian subsidiary

KUALA LUMPUR: Kulim (M) Bhd plans to inject a total of RM142.48mil into its Indonesian subsidiary PT Wisesa Inspirasi Nusantara (PT WIN) under a corporate exercise.

Kulim said on Monday US$25.30mil (RM84.11mil) would be injected into its 74% owned PT WIN as working capital to buy plantation land. The remaining 26% stake in PT WIN wouldl be held by PT Graha Sumber Berkah (PT GSB).

The Star Christmas Special Promo: Save 35% OFF Yearly. T&C applies.

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Kulim (M) Bhd , PT Wisesa Inspirasi Nusantara , corporate exercise , plantation

Next In Business News
Coastal Contracts secures US$1.14bil Pemex gas project in Mexico
IHH’s Fortis to enhance presence in southern India
FBM KLCI opens week lower amid cautious sentiment
Ringgit strengthens vs US dollar, major currencies on positive fiscal developments
Trading ideas: Mah Sing, KLK, SunCon, Malakoff, Solarvest, Sunview, Perdana Petroleum, SumiSaujana, Protasco, MyNews, Samaiden
Copper nears US$12,000 a tonne as base metals rally
Renewables shine ahead
South Korea proxy fight could derail Trump’s zinc bet
Consumer sector on track for solid 2026
CTOS prospects intact on product development pipeline

Trending in Business

Others Also Read

Load more

Copyright © 1995- Star Media Group Berhad [197101000523 (10894-D)]

Best viewed on Chrome browsers.