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PPB Group Bhd will spend RM350.8mil this year to expand its businesses in oil palm plantation, flour and feed milling, sugar cane plantation and refining, livestock farming, edible oil refining and trading, property, and waste management, said executive chairman Datuk Oh Siew Nam.
PPB Group Bhd's successful operations and business dealings are supported by the basic values of integrity, loyalty and discipline, together with a commitment to work hard.
PPB Group Bhd's 55% subsidiary, Chemquest Sdn Bhd, has secured three sewerage and water treatment projects worth more than RM100mil each under the Ninth Malaysia Plan (9MP).
Shareholders of PPB Group Bhd at an EGM on Thursday gave the nod for the merger between Singapore-based Wilmar International Ltd and PPB's subsidiary, PPB Oil Palms Bhd (PPBOP) as well as the group's edible oils, specialty fats, oleochemicals and trading businesses under PGEO Group Sdn Bhd (PGEO) and Kuok Oils Grains Pte Ltd (KOG).