PETALING JAYA: TSH Sources Bhd plans to eliminate land in north Kalimantan, Indonesia for a complete of RM711.66mil.
In a submitting with Bursa Malaysia, the oil palm plantation group stated the proposed disposal can be made by means of its 90%-owned subsidiary, PT Bulungan Citra Agro Persada (BCAP).
TSH Sources stated that in step with the proposed disposal, BCAP has entered right into a heads of settlement with PT Kawasan Industri Kalimantan Indonesia and PT Kalimantan Industrial Park Indonesia. — Bernama