Astral Asia to buy Sarawak oil palm land

PETALING JAYA: Astral Asia Bhd (AAB) plans to buy 35,000 acres of oil palm estate in Sarawak, a move the company said would increase the size of its plantation landbank by 357%.

The company yesterday signed a memorandum of agreement with Sima Properties Holdings Sdn Bhd to carry out further feasibility studies of this oil palm plantation for acquisition purposes.

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Business , Astral Asia , sarawakoil palm , palm oil , land , plantation , stocks , shares , klci , klse ,

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