KUALA LUMPUR: TSH Resources Bhd has proposed to dispose of two oil palm estates spanning a total of 7, 431 acres and one palm oil mill in Sabah to Sharikat Keratong Sdn Bhd for a total cash consideration of RM248mil.
The group and its wholly owned subsidiaries, TSH Palm Products Sdn Bhd (TSHPP) and TSH Plantation Sdn Bhd (TSHP), have inked three separate sale and purchase agreements with Sharikat Keratong Sdn Bhd yesterday, it told Bursa Malaysia.
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