IOI withdraws RSPO suspension challenge


PETALING JAYA: IOI Corp Bhd has withdrawn its challenge proceeding against the suspension of its certifications by the Roundtable of Sustainable Palm Oil (RSPO) in the Zurich District Court of Switzerland.

In its filings with Bursa Malaysia, the plantation group said the withdrawal of the challenge proceeding would be formalised during a conciliatory hearing before the Justice of Peace on June 14.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Business , IOI , RSPO , palm oil , oil palm , commodities , cpo ,

   

Next In Business News

Industrial projects look increasingly attractive
Dutch Lady’s balancing act amid escalating costs
Demand for co-working space remains resilient
Fed dampens hopes for rate cut
F&N to use cost management measures
Changing office space requirements
Naza makes entry into green economy
CapBay aims to provide financing to more SMEs
New initiative for infrastructure needs in Perak
Ocean Fresh seeks ACE Market listing

Others Also Read