BLD to develop peat soil landbank


KUCHING: BLD Plantation Bhd will invest between RM210mil and RM280mil to develop the remaining 14,000ha landbank on peat soil in two years.

Executive chairman Datuk Henry Lau Lee Kong said it would cost between RM15,000 and RM20,000 per ha to cultivate oil palm on peat land.

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!

Next In Business News

ACE Market-bound Kee Ming Group to raise RM31.50mil from IPO
Bursa Malaysia continues uptrend at midday, CI stays above 1,700
Gold crosses US$4,800 for the first time as US, EU spar over Greenland
Oil prices fall as risks from Kazakh production halt subside
ACE Market-bound Ambest aims to raise RM27.5mil from IPO
Steel Hawk unit secures contract for fire rated doors in Sabah
Binastra unit accepts RM742.86mil building contract in Johor
CPO prices to stay range-bound at RM4,000-RM4,300 per tonne in Feb - MPOC
Maybank shares up following launch of new five-year strategy
MMC Ports targets digital consolidation and operational resilience in pivotal 2026

Others Also Read