News by Justin Lim

The land is currently used for the cultivation of rubber, oil palm and mangoes.

In a media statement on Tuesday (Oct 1), the US Customs and Border Protection (CBP) said it had issued WRP a withhold release order (WRO).

The Indonesian government said it is in the process of imposing criminal charges on 55 concessionaires and one individual involved in open burning in their concession area, totalling 10,076ha.

...that took place under the leadership of Lodin, who stepped down as its CEO in September last year.

“We wish to clarify that the board of directors has not made nor received any corporate proposal as reported in the media from any party for its consideration.”

In a filing with Bursa Malaysia, Seacera said SCSB received a legal summon on Sept 5, and that the date of the auction has yet to be fixed but will not be less than one month from the date of the court order.

The MTN programme will have a tenure of 30 years from the date of first issuance, the group said in a filing with Bursa Malaysia.

Chief executive officer Gary Dass said the funding of the plant will be sourced externally, and the financing part is now handled by its joint venture (JV) partner, Culzean Generation Ltd.

The rehabilitation project will now involve 265km of KTM Bhd railway tracks instead of 110km as announced earlier.

Loke said the PSC formula is based on the current operating agreement between the government and MAHB.