KUALA LUMPUR: Handal Energy Bhd
's 49% associate company Handal Borneo Resources Sdn Bhd has entered into a 15-year agreement for the extraction and sales of marine sea sand with Tanjung Aru Eco Development Sdn Bhd.
In a statement, Handal said Tanjung Aru Eco Development, a subsdiary of Chief Minister of Sabah Inc, has appointed Handal Borneo Resources as the operator in relation to the concession for the Sunken Barrier Shoal, Hayter Shoal and Bunbury Shoal concession areas, offshore Sabah.
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