Boustead Plantations to hive off ‘non-performing’ assets


Lodin: Our focus at the present moment is to develop our land in the Klang Valley and Johor.

PETALING JAYA: Boustead Plantations Bhd is looking to sell more of its land as it seeks to hive off “non performing assets.”

The company’s vice-chairman Tan Sri Lodin Wok Kamaruddin said whether more land deals would materialise in its FY18 ending Dec 31 would depend on whether they can secure buyers for the lands.

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