IOI studies landbank monetisation for RE


IOI has about 24,000ha of plantation landbank in Johor and 19,000ha in Pahang.

PETALING JAYA: IOI Corp Bhd is currently evaluating potential landbank monetisation for some of its aged plantation land areas for renewable energy (RE) development, says RHB Research.

The research house said in a report that some that could be suitable would include a 2,000ha to 3,000ha land in Tangkak, Johor and 1,000ha in Pahang.

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