TH Plantations to continue selling non-core assets


In the first half of 2016, crude palm oil (CPO), tin and gold prices recovered but rubber and that of crude oil remained in the doldrums.

KUALA LUMPUR: TH Plantations Bhd plans to continue disposing of some of its non-core, non-strategic and under-performing assets amounting to RM150mil this year.

“This is part of the group’s strategy to be lean and focused on performing plantation assets, as we are at the tail end of our rationalisation plan of owning prime and young estates to boost productivity.

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