PPB sets aside RM350m for capex

PPB Group Bhd will spend RM350.8mil this year to expand its businesses in oil palm plantation, flour and feed milling, sugar cane plantation and refining, livestock farming, edible oil refining and trading, property, and waste management. 

Of the total, RM243.8mil goes to plantation unit PPB Oil Palms Bhd, RM68.6mil to flour milling unit FFM Bhd, RM17.6mil to PPB Leisure, RM11.5mil to PPB Hartabina, and the remaining to other operations, said executive chairman Datuk Oh Siew Nam.