KUALA LUMPUR: The Sabah Land Development Board (SLDB) management was kept informed about a proposed ratio of one share of Sapi Plantations Sdn Bhd to five shares of PPB Oil Palms Bhd (PPBOP) upon listing of the investment holding company, a High Court here heard.
Perlis Plantations Bhd (PPB) company secretary Tan Teong Boon, 61, said the SLDB management was aware of the proposal as he had extended letters to update them on the matter.
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