UP to get earnings boost from union with UIEM, says chairman

THE merger of United Plantations Bhd (UP) and United International Enterprises (M) Bhd (UIEM), two of the most efficient plantation companies in the country, is expected to contribute significantly to UP’s profit this year. 

UP chairman Tan Sri Dr Johari Mat said both companies were well established and the merger would help UP sustain its turnover for the next eight to 10 years.