Is it opportune time for Kulim to venture into O&G?


EVEN before receiving the RM2.75bil windfall from the proposed sale of its equity in New Britain Palm Oil Ltd (NBPOL), Kulim (M) Bhd has announced plans on how to spend some of that money.

The group that is focused primarily on plantations at the moment, plans to move into oil and gas (O&G) exploration and this is raising some questions among industry observers.

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