KULIM (Malaysia) Bhd is set to join the big league plantation players with the acquisition of plantation assets from Johor Corp (JCorp) that will increase its holdings from 66,000 to 140,000ha.
The move will turn the medium-sized company into the likes of IOI Corp or Golden Hope Plantations in terms of landbank size. It will also have a similar business structure with holdings in activities such as properties and oleochemical manufacturing.
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