Nazir ventures into durian plantation

By INTAN FARHANA ZAINUL

Datuk Seri Nazir Razak

PETALING JAYA: Former CIMB Group Holdings Bhd chairman Datuk Seri Nazir Razak (pic) is investing RM18mil in a durian plantation business by acquiring some placement shares in PLS Plantations Bhd.

In a filing with Bursa Malaysia, PLS said it has proposed to place out 19 million new shares to Nazir at 95 sen per share as part of its private placement exercise.

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CIMB , Nazir Razak , durian plantation ,

   

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