Listed timber firms not affected by crackdown in Sarawak


PETALING JAYA: Timber companies listed on Bursa Malaysia have come out to say that their operations are not affected by one of the biggest clampdowns on illegal logging activities in Sarawak.

More than 500 bank accounts totalling RM700mil have been frozen since the start of Ops Gergaji from May 12.

Subscribe now for a chance to win your dream holiday!

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Business , Timber , Stocks , crackdown , klci , klse ,

   

Next In Business News

Wall Street set to rise as investors bet on second Trump term
Temasek aims to invest up to US$12bil in India as China weighs
Goldman Sachs profit jumps on robust debt underwriting, fixed-income trading
Tengku Zafrul: BRI Involvement strengthens Malaysia-China economic partnership
Bank Islam issues RM1bil senior Sukuk Murabahah
Ringgit closes easier ahead of US Fed meeting
PMBT disposes of Klang land for RM79mil
E-invoice implementation will not impact overall vehicle sales this year - Miti
Siab appoints new executive directors
Foreign investors cumulative inflow surges to US$598mil in 1Q24

Others Also Read