KUCHING: Sarawak Oil Palms Bhd (SOP) has provided additional corporate guarantee of RM45mil for wholly-owned unit SOP Edible Oils Sdn Bhd (Sopeo) for the trading of palm oil/palm oil products in favour of Louis Dreyfus Commodities Asia Pte Ltd.
The Miri-based plantation company said it had agreed to stand as a guarantor for the performance of selling/buying palm oil and/or palm oil products between Sopeo and Louis Dreyfus, together with all obligations in connection with the said trading activities.
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