BLDP buys Pekan Semangat for RM155.2mil


PETALING JAYA: BLD Plantation Bhd (BLDP) is acquiring 100% equity interest in Pekan Semangat Sdn Bhd, whose 70% owned subsidiary owns 5,442ha of plantation land in Sarawak, for RM155.22mil.

The oil palm plantation operator told Bursa Malaysia yesterday that Pekan Semangat’s subsidiary, Agrogreen Ventures Sdn Bhd, owned the two parcels of land in Stungkor measuring 1,442ha and 4,000ha.

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