KUB Malaysia Bhd will be selling its loss-making plantation unit, KUB Malua Plantation Sdn Bhd, to Tradewinds Plantation Bhd, the plantation arm of Tan Sri Syed Mokhtar’s business empire for RM10 million cash. According to KUB’s annual report for the financial year ended Dec 31,2019 (FY19), KUB Malua owns 1,534 ha of plantation land in Kinabatangan
KUB sells loss-making plantation unit to Syed Mokhtar’s Tradewinds Plantation
2021-04-08T12:28:23-04:00April 8th, 2021|
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