KUB sells Kinabatangan oil palm estate to Tradewinds

KUALA LUMPUR: KUB Malaysia Bhd is selling an oil palm estate in Kinabatangan, Sabah to Tradewinds Plantation Bhd.

Under the deal, Tradewinds will pay RM10mil cash to KUB and settle KUB Malua Plantation Sdn Bhd outstanding loans of RM70.36mil with Bank Islam.

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