PETALING JAYA: United Malacca Bhd
(UMB) will put on hold potential mergers and acquisitions (M&As) to focus on its large-scale commercial cash crop venture in Sulawesi, Indonesia.
Early this year, the plantation group has disposed of four estates in Negri Sembilan and Melaka for RM175.14mil to Huat Lai Resources Bhd.
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