KUALA LUMPUR - Sarawak Plantation Bhd which targets to expand 3.500 palm oil plantations in this year, is actively exploring the acquisition or merger to realize it.
Managing Director of the company, Polit Hamzah said, Sarawak Plantation is aggresively searching to the new regions to expand, both in the plantation regions or in the future development regions.
“This year we target to plant 2.000 hectares in the new planting programme among Balingian Rive and Selanggau (Sibu Division),” he said.
He thought, after the share stakeholders meeting last week, the company asked the licence to whom it may concern who has made due dilligence.
In 2013, the company has 31.266 hectares with the additional area about more than 3.000 planted. The company notes, it has 16 plantations, especially in North and Central Serawak. (T3)
