Bright Packaging partners with DPSB to invest in Sarawak oil palm plantation

KUALA LUMPUR: Bright Packaging Industry Bhd has entered into a new joint venture agreement with Datai Plantations Sdn Bhd (DPSB) for further diversity and increase its investment in oil palm plantation with facilities and provision of services ancillary in land located at Sarikei, Sarawak with an investment of RM5.30 million.

In a filing with Bursa Malaysia today, it said the agreement was also to supersede the previous joint venture agreement dated Aug 19, 2021 between both parties.