PETALING JAYA: TAHPS Group Bhd has received a conditional acceptance to acquire from Equiharvest Sdn Bhd 1.5 million ordinary shares of RM1 each in Yee Seng Plantation Sdn Bhd (YPSB), representing 99.99% of the issued and paid-up share capital of YPSB for RM108mil.
In a filing to Bursa Malaysia, TAHPS said YPSB primarily owns 2,012ha plantation land, known as Kretay Estate in Kemaman and 2,023ha agricultural land in Dungun, both in Terengganu together with other assets and liabilities.
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