Teh: ‘Our strategy is to undertake active replanting activities, particularly for old trees that are 21 to 25 years old, with good planting materials.’
EN ROUTE for an ACE Market listing on Bursa Malaysia this Jan 17, plantation group Matang Bhd
is truly one of the success stories championed by MCA.
The dynamic vision of MCA to consolidate small Chinese businesses since early 1970s saw the fruitation of big corporations such as Multi-Purpose Holdings Bhd (now known as Magnum Bhd) in 1975 and later between 1978 and 1981, Aik Hua Holdings Bhd was set up by Selangor MCA, Panwa Development Bhd by Pahang MCA and Peak Hua Holdings Bhd by Perak MCA and Matang Holdings Bhd by Johor MCA.
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