Genting Plantations to dispose of oil palm land in Melaka for RM333.8mil


KUALA LUMPUR: Genting Plantations Bhd (GenP) has proposed the sale of 528.488 acres of freehold agricultural land in Melaka to Scientex Heights Sdn Bhd for RM333.8mil cash.

In a filing with Bursa Malaysia, GenP stated that its wholly-owned subsidiaries, Genting Plantations (WM) Sdn Bhd (GPWM) and Genting Property Sdn Bhd (GPSB), each own separate parcels of land that make up the land for sale.

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