Tradewinds, JTop plan plantation merger


  • Business
  • Wednesday, 03 Mar 2004

PLANTATION groups Tradewinds Bhd and Johore Tenggara Oil Palm Bhd (JTop) have appointed a merchant bank to devise a scheme to merge their oil palm plantations. 

Tradewinds and JTop said in separate announcements yesterday that they had appointed Commerce International Merchant Bankers Bhd (CIMB) to conduct the study. They will make a further announcement after the respective boards of directors have considered the CIMB report. 

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