TSH proposes acquisitions to expand plantation footprint in Indonesia


KUALA LUMPUR: TSH Resources Bhd has proposed a series of related-party acquisitions to expand its oil palm plantation footprint in Indonesia.

In a filing with Bursa Malaysia, the plantation group said its indirect subsidiary, PT Sarana Prima Multi Niaga, has entered into a conditional agreement to acquire a 99.99996% equity interest in PT Dinamika Alam Segar for about RM1.28mil.

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