YEO AIK RESOURCES BHD said it has won approval from Indonesian regulatory authorities for its planned rubber wood processing joint venture with PT Perkebunan Nusantara III and PT Innex Tripanca Corp.
Yeo Aik said in a statement to the stock exchange that the joint venture, to be called PT Tiga Mutiara Nusantara, would have a total issued and paid-up share capital of RM5mil.
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