Oriental plans to operate its new oil mill in Indonesia next year


Positive contribution: Oriental says the oil mill will meet the projected output of fresh fruit bunch from the group’s young trees in south Sumatra from 2020 to 2022.

GEORGE TOWN: Oriental Holdings Bhd’s fourth oil mill, to be built at a cost of RM156.1mil, in Sumatra, Indonesia will start operations in 2019.

In its annual report, the group said the oil mill would meet the projected output of fresh fruit bunch (FFB) from the group’s young trees in south Sumatra from 2020 to 2022.

The Star Festive Promo: Get 35% OFF Digital Access

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Pos Malaysia welcomes MyCC review, flags competition concerns
Perdana Petroleum posts lower net profit of RM56.09mil in FY25
INSKEN leverages AI to empower entrepreneurs in high-value sectors
TXCD secures RM119.1mil in construction contracts
Ringgit extends gains, boosted by strong economic data
Setia to launch Aurora Phase 1 at Setia Bayuemas in Klang
Axis-REIT’s Wisma Kemajuan partially hit by fire
MSCI adds KSL, removes four from Malaysia Small Cap Index
MRMA: Withholding tax framework an essential strategic instrument
FBM KLCI rebounds 0.5%; Maybank hits record high

Others Also Read