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Oriental set to spend RM1.2bil to buy plantation companies, estates

KUALA LUMPUR: Oriental Holdings Bhd (OHB) has entered into a series of deals to acquire shares of plantation companies and buy estates worth a total of RM1.2 billion ringgit.

Bentong , Pahang , Malaysia , Kuala-lumpur , Bukit-langkap , Johor , Peninsular-malaysia , Malaysia-general- , Sdn-bhd , Selasih-permata-sdn-bhd , Boon-siew-mauritius-pte-ltd , Thye-group-estate

Oriental in RM1.2bil plantation buy

PETALING JAYA: Oriental Holdings Bhd (OHB) has proposed a RM1.2bil related-party acquisition to acquire the remaining stakes it does not own in its now-partially owned plantation companies and also purchases of plantation estates.

Bentong , Pahang , Malaysia , Kedah , Kelantan , Petaling , Malaysia-general- , Sdn-bhd , Selasih-permata , Selasih-permata-sdn-bhd , Siew-sdn-bhd , Seberang-perai-tengah

OHB enters into multiple proposed acquisitions worth RM1.2bil

KUALA LUMPUR: Oriental Holdings Bhd (OHB) will acquire the remaining stakes in three plantation companies as well as plantation estates in Peninsular Malaysia for a total cash consideration of about RM1.2 billion.

Bentong , Pahang , Malaysia , Kuala-lumpur , Kedah , Kelantan , Peninsular-malaysia , Malaysia-general- , Sdn-bhd , Selasih-permata , Siew-sdn-bhd , Seberang-perai-tengah