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DATUK Seri Johari Abdul Ghani is no stranger to the local corporate scene. His long association with KFC Holdings Malaysia Bhd made him a household name, especially to reporters covering the many hard-fought tussles for control of the fried chicken retailer in the past.
KUALA LUMPUR: Harn Len Corp Bhd shares gained over 6% in early trade Monday following report that the company plans to maintain operations in Pahang.
Loss-making Harn Len Corp Bhd, which is disposing of its 5,249.7-acre oil palm estate in Pahang, will continue its plantation business in the state, contrary to its earlier plan to exit the Peninsular Malaysia market.
KUALA LUMPUR: Bursa Malaysia was in the red at the start of Tuesday trade, in line with the cautious key Asian markets, while weighing down the FBM KLCI were Hong Leong Bank and Tenaga Nasional.
PETALING JAYA: Far East Holdings Bhd has entered into a RM182.99mil deal with another listed company – Harn Len Corp Bhd – to acquire an oil palm estate in Rompin, Pahang.
KUALA LUMPUR: Shares of Harn Len Corp Bhd jumped 20% this morning, after the company said it planned to dispose its estates in Pahang.
Comment by Pankaj c. kumar
Late Friday last week, little known Pinehill Pacific Bhd (formerly known as Multi Vest Resources Bhd, which by the way was formerly known as Best World Land Bhd) surprised the market with the announcement that it was parting with nearly 9,000 acres of landbank and related plantation assets held via three subsidiary companies to United Plantations Bhd (UP) for a whopping sum of RM413.6mil.
PETALING JAYA: Oil palm plantation operator Harn Len Corp Bhd has inked an agreement to fully acquire a company that comes with a strategic landbank in Johor Baru for RM28mil.
KUCHING: Two natives have lost their case against a plantation company on disputes over native customary rights (NCR) land.
PETALING JAYA: Tan Sri Low Nam Hui, the executive chairman of Johor-based plantation company Harn Len Corp Bhd, has passed away at the age of 97. The company announced the demise of Low on Bursa Malaysia yesterday.