KUALA LUMPUR: Asia Media Group Bhd subsidiary DPO Plantations Sdn Bhd will form a joint-venture company with Batu Emas Resources Sdn Bhd to cultivate oil palm in Sarawak.
In a filing with Bursa Malaysia, Asia Media said that DPO would pay RM1.25mil to Batu Emas for the 4,361ha native customary rights (NCR) land in Loba Bunut, Bintangor.
Already a subscriber? Log in.
Get 30% off with our ads free Premium Plan!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!