Ta Ann eyes more land to expand oil palm plantations

PETALING JAYA: Timber and plantation group Ta Ann Holdings Bhd will further expand its oil palm plantations, especially in Sarawak, via landbank acquisitions, said group managing director Datuk Wong Kuo Hea.

The group has been on the lookout for available landbank to expand its existing 30,000ha of oil palm plantations, he told StarBiz yesterday when asked to comment on the group’s proposal on Tuesday to acquire oil palm planter Europalm Sdn Bhd for RM20.5mil.