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NewsRimbunan Sawit climbs, to acquire Formasi
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Rimbunan Sawit climbs, to acquire Formasi
by hlk Tue 17 Apr 2012, 13:38
Rimbunan Sawit Bhd, a palm oil producer, rose 0.9 per cent to RM1.13, headed for its highest close since March 2.
The company agreed to pay RM35.8 million (US$12 million) for Formasi Abadi Sdn, which runs oil palm plantations in the eastern state of Sarawak, Rimbunan Sawit said in a statement. -- Bloomberg
The company agreed to pay RM35.8 million (US$12 million) for Formasi Abadi Sdn, which runs oil palm plantations in the eastern state of Sarawak, Rimbunan Sawit said in a statement. -- Bloomberg
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