IOI withdraws RSPO suspension challenge


PETALING JAYA: IOI Corp Bhd has withdrawn its challenge proceeding against the suspension of its certifications by the Roundtable of Sustainable Palm Oil (RSPO) in the Zurich District Court of Switzerland.

In its filings with Bursa Malaysia, the plantation group said the withdrawal of the challenge proceeding would be formalised during a conciliatory hearing before the Justice of Peace on June 14.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

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 , IOI , RSPO , palm oil , oil palm , commodities , cpo ,

   

Next In Business News

Oil gains 1% on hopes of firmer demand
JPMorgan investors weigh CEO Dimon’s strategy, succession plan
Muhibbah rides on Cambodian tourism uptick
Feytech gears up for expansion to meet growing demand
Ready to rise up the ranks again
SC working overtime to combat spread of scams
Russia and Malaysia sign tax agreement
MGB ACHIEVES 23% PROFIT SURGE IN 1Q24
GDP up 4.2% in 1Q24
Chinese firms invest in ‘green’ jet fuel

Others Also Read