Tuesday, 17 January 2012

Sarawak Plantation in pact with Citra Widya

Sarawak Plantation Agriculture Development Sdn Bhd has signed a memorandum of understanding (MOU) with Citra Widya Education PT to collaborate on training of oil palm estate, mill and logistics operations and management staff.

Sarawak Plantation Agriculture is a wholly-owned unit of Sarawak Plantation Bhd.

In a filing to Bursa Malaysia today, Sarawak Plantation said MOU was valid for 12 months, starting from today, within which period a contract would be executed between the parties unless an extension of the MOU was mutually agreed to by the parties in writing.

Sarawak Plantation is one of the pioneer players in the oil palm industry in Sarawak, with a total land bank of 51,998 hectares of which 12,914ha are under the Native Customary Rights scheme. -- Bernama



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