MKHOP acquires Indonesian greenfield estate PT Tunas Tani for RM9.1mil


MKH Oil Palm (East Kalimantan) Bhd chairman Tan Sri Alex Chen Kooi Chiew @ Cheng Ngi Chong.

PETALING JAYA: MKH Oil Palm (East Kalimantan) Bhd (MKHOP) is acquiring a 100% stake in Indonesian oil palm plantation company, PT Tunas Tani Tutus for RM9.1mil.

In a statement, the East Kalimantan, Indonesia-based upstream oil palm plantation company said PT Tunas owns land totalling approximately 3,096.95 hectares.

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