Breakthrough in IOI Corp’s long-standing dispute


Analysts opined that this move will hold potential benefits for the plantation group that will outweigh its losses.

PETALING JAYA: The decision by IOI Corp Bhd to relinquish its IOI Pelita’s 5,000ha of unplanted native customary rights (NCR) land in Sarawak is widely seen as a positive breakthrough in one of the longest running land disputes in the state.

Analysts opined that this move will hold potential benefits for the plantation group that will outweigh its losses.

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IOI , Sarawak , state , land , dispute , plantation , palm oil ,

   

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