Steady income: This oil palm estate in Gunung Besout, Sungkai, belonging to Semangat Suwa Sdn Bhd will be managed by Langkap 2012 Plantation Sdn Bhd over 30 years. Under the deal with Langkap 2012 Plantation, Semangat Suwa will receive annual payments of RM1.1mil for the first five years and RM5.1mil for the next 25 years. Seen here is Langkap 2012 Plantation managing director Lean Ah Too.
Nine schools in Perak to benefit over 30 years.
SLIGHTLY more than three years after planting works commenced on a 1,012ha-piece of land in Perak belonging to nine Chinese independent schools, it is now producing 160 tonnes of palm oil a month.
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