Bursa Malaysia
PETALING JAYA: PRG Holdings Bhd
’s share price has shot up more than 50% in the last one month, following its venture into the teak tree and commercial crops plantation business.
Yesterday, PRG released its circular to shareholders in relation to the proposed acquisition by its wholly owned subsidiary, PRG Agro Sdn Bhd, of two parcels of agriculture land planted with teak trees in Kelantan from Alifya Forestry Sdn Bhd for RM89.2mil.
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