NPC Resources in potential privatisation bid


PETALING JAYA: Datuk Loo Pang Kee, co-founder and group managing director of NPC Resources Bhd, is looking at privatising the palm oil producer in a transaction that could cost him at least RM144.9mil.

Loo and his private vehicle Jubilant Ventures Sdn Bhd are still in “exploratory discussions” and there is no certainty that the proposal will be implemented.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Enhance local content terms
Singapore roars into the new year
BizPeople
Asia to lead next AI wave
Capital A completes disposal of AirAsia aviation units
Bursa Malaysia grants Pimpinan Ehsan until June 30 to submit regularisation plan
Vestland secures RM602mil construction contracts
Kenanga Investment revises 2026 GDP growth forecast to 4.5%
Ringgit ends marginally lower as greenback gets lift from positive US economic data
Exsim’s unit gets RM2.36mil job in an RPT deal

Others Also Read