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Business

TH Plantations sells two firms for RM170mil

KUALA LUMPUR: TH Plantations Bhd is disposing of its 100% equity interests in Bumi Suria Ventures Sdn Bhd and Maju Warison Sdn Bhd to Tamaco Plantation Sdn Bhd for RM170mil.

Together, the two units own 6,513.9 hectares of oil palm plantation in Bintulu and Sibu in Sarawak.

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