TH Plantations to complete sale of assets over next 12 months


KUALA LUMPUR (Bernama) -- TH Plantations Bhd has commenced efforts to sell its group’s assets within 12 months, citing challenging operating conditions amid the COVID-19 pandemic.

In a filing with Bursa Malaysia today, it said investment in Bumi Suria Ventures, Maju Warisanmas, TH PELITA Meludam, TH PELITA Beladin, TH PELITA Simunjan, TH PELITA Gedong, and TH PELITA has been presented as assets held for sale and targets the initiative to be completed within one year.

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