Asia Media unit in oil palm JV

KUALA LUMPUR: Asia Media Group Bhd subsidiary DPO Plantations Sdn Bhd will form a joint-venture company with Batu Emas Resources Sdn Bhd to cultivate oil palm in Sarawak.

In a filing with Bursa Malaysia, Asia Media said that DPO would pay RM1.25mil to Batu Emas for the 4,361ha native customary rights (NCR) land in Loba Bunut, Bintangor.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Business , Asia Media , oil palm , palm oil

Next In Business News
Invictus Blue confirms exit of two senior leaders following organisational reset
Oil extends climb on Iran supply disruption concerns
Gold steadies below record US$4,600/oz as investors book profits
Velocity Capital exits MMAG with RM9.4Mil share disposal
Trump vows 25% tariff on countries doing business with Iran
Australia's Lynas Rare Earths CEO to retire after over a decade in role
AirAsia X to be renamed AirAsia from Jan 19
HK sees innovation, tech efforts bear fruit
VSTECS appointed distributor of Agibot humanoid robotics solutions
Kumpulan Jetson unit disposes of adhesives manufacturing business for RM14.8mil

Trending in Business

Others Also Read

Load more

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

Best viewed on Chrome browsers.