TSH Resources Bhd has announced its plan to dispose of oil palm plantation land in Indonesia's North Kalimantan province for a total cash consideration of RM711.66 million.
KUALA LUMPUR, April 4 TSH Resources Bhd plans to dispose of land in North Kalimantan, Indonesia for a total of RM711.66 million. In a filing with Bursa Malaysia today, the oil palm plantation group said the proposed disposal will be made through its 90 per cent-owned subsidiary, PT Bulungan.