KUALA LUMPUR: Chin Teck Plantations Bhd and sister company Negri Sembilan Oil Palms Bhd (NSOP) yesterday received shareholder approval for their proposed joint venture (JV) to develop a palm oil estate in Sumatra.
The 40,000ha plantation will be the group's second foray into Indonesia, the first being a 34,500ha established eight years ago, located near the current proposed project.
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