Corporate News

Lotus KFM ventures into logging business with RM21.65mil deals

Lotus KFM said its wholly-owned subsidiary Lotus Plantation Sdn Bhd last Friday inked a deal to buy Ladang Lojing Sdn Bhd from Lee Lip Khang, Datuk Roshaimi Razak and Kho Sau Hong for RM9.17mil cash.

KUALA LUMPUR: Lotus KFM Bhd has proposed to buy two companies with rights over forest reserve land in Perak and Kelantan for RM21.65mil cash.

The group said its wholly-owned subsidiary Lotus Plantation Sdn Bhd last Friday inked a deal to buy Ladang Lojing Sdn Bhd from Lee Lip Khang, Datuk Roshaimi Razak and Kho Sau Hong for RM9.17mil cash.

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Lotus KFM , logging , plantations , Ladang Lojing , Lee Lip Khang ,

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