Sime Darby Plantation against land acquisition


PETALING JAYA: Sime Darby Plantation Bhd has claimed that the Melaka state authorities and a Taiwanese-controlled company are trying to wrongfully acquire its 185.5 acres of land in Merlimau at below market valuations.

In opposition to the compulsory acquisition move, the giant plantation player has commenced a judicial review against the Melaka Land and Mines Department, Jasin Land Office, the State Government and also GI A Resources Sdn Bhd.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Trade showing remains on upward trajectory
Maxis pledges full support to government’s 5G delivery model
Fajarbaru Builder secures RM13mil job
Uzma to raise RM68mil via private placement
MISC to develop world’s first ammonia dual-fuel ships
MIDF boosts security after cyber Incident
Gas Malaysia distribution adjusts tariff down
RHB IB expects 4.2% y-o-y for 1Q GDP print
Miti closely monitoring situation in Middle East for possible escalation in conflict
Ringgit continues to appreciate vs USD at close

Others Also Read