GEORGE TOWN: Oriental Holdings Bhd
(OHB) will spend RM58.8mil in financial year 2024 (FY24) for new planting, acquiring plant and machinery for an oil mill, and constructing an estate building.
In FY23, the group spent RM98.3mil in capital to acquire land in Malaysia and develop its Indonesian operations, including new and replanted oil palm, construction of staff quarters, and acquisition of agricultural equipment and vehicles.
