TH Plantations to revive replanting scheme with higher CPO prices


KUALA LUMPUR: After going through a rather volatile year in 2016, TH Plantations Bhd says it is optimistic about reviving its replanting programme in the first half of this year, after deferring it for a year.

Chief executive officer Datuk Seri Zainal Azwar Aminuddin said the company would start replanting about 5% of the total 105ha of oil palm acreage now that crude palm oil (CPO) prices are in the region of RM2,800 to RM2,900 per tonne.

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