Boustead Plantations RM750 million land buy in Sabah
Falling crude oil prices aside, an RM750 million cash acquisition of 42 parcels of plantation land, a total of 11,579.
Falling crude oil prices aside, an RM750 million cash acquisition of 42 parcels of plantation land, a total of 11,579.
KUALA LUMPUR (April 10): Ahead of the tabling of the White Paper on the Federal Land Development Authority (Felda) in the Dewan Rakyat today, the agency lodged a police report, claiming it was cheated into signing a one-sided deal in its purchase of PT Eagle High Plantations Tbk (EHP) from Indonesia’s Rajawali Group.
KUALA LUMPUR (April 9): Federal Land Development Authority (Felda) director general Datuk Dr Othman Omar had yesterday evening lodged a police report at the police commercial crime unit here, claiming that it was cheated into entering into a "one-sided" deal for the sale and purchase of Eagle High Plantations TBK (EHP), owned by the Rajawali Group, two years ago.
PETALING JAYA (April 2): Sime Darby Plantation Bhd (SDP) is seeking sale of some 4,300 acres of freehold estate land in Peninsular Malaysia, which they estimate will bring in RM1 billion.
KUALA LUMPUR (Jan 10): S P Setia Bhd said its wholly-owned subsidiary Setia Fontaines Sdn Bhd has been advised by solicitors that the latter's acquisition of five adjoining parcels of freehold land in Penang from Boustead Plantations Bhd should be exempted from the goods and services tax (GST), based on Malaysia's tax laws.
KUALA LUMPUR (Jan 9): Boustead Plantations Bhd has filed a suit claiming RM37.
KUALA LUMPUR (Sept 21): United Plantations Bhd is acquiring seven pieces of agricultural land totalling 8,999.
KUALA LUMPUR (Feb 27): Sime Darby Property Bhd (Sime Prop) is currently in talks with one or two partners to develop the Malaysia Vision Valley (MVV).
KUALA LUMPUR (Jan 24): Boustead Plantations Bhd (BPB) plans to sell plantation land to pay off debts and tax.
KUALA LUMPUR (Dec 28): TAHPS Group Bhd will be renamed Ayer Holdings Bhd effective 9am on Jan 3, 2018.