热门标签

皇冠管理端登3手机(www.99cx.vip):Greenyield secures shareholders’ approval to buy asset in PNG

时间:4周前   阅读:4   评论:1

皇冠管理端登3手机www.99cx.vip)实时更新发布最新最快最有效的皇冠管理端登3手机网址,包括新2登3手机网址,新2登3备用网址,皇冠登3最新网址,新2足球登3网址,新2网址大全。

KUALA LUMPUR: Greenyield Bhd has obtained approval from its shareholders at an EGM to acquire a 65% equity interest in Greenyield Rubber Holdings (M) Ltd (GRHM) for RM87.8mil.

In a statement, the horticultural specialist said GRHM is an investment holding company and serves as an agent to market and sell rubber and rubber wood, while its subsidiaries are principally involved in the extraction, processing, and supply of rubber as well as agriculture.

It owns 15,313 hectares of plantation properties in Papua New Guinea (PNG) comprising, inter alia, 6,450 Ha plantable area for rubber (of which 3,513 Ha are planted), and 3,613 Ha plantable area for coconut.

Executive director Tham Kin-On said: “We are certainly delighted to have received the green light from our shareholders for the proposed acquisition and the group is now one step closer to owning 15,313 Ha of plantation land in PNG.”

“We believe the timing is opportune as the target asset has turned profitable, and we can ride on the uptrend in demand growth for rubber and coconut going forward.

,

皇冠最新登陆网址www.hg108.vip)实时更新发布最新最快的皇冠最新登陆代理线路网址、皇冠最新登陆会员线路网址、皇冠最新备用登录网址、皇冠最新手机版登录网址。

,

“More importantly, we are pleased that our shareholders share the same sentiments with us and understand the potential and benefits arising from this exercise,” he added.

Tham said the proposed acquisition would enhance its earnings stream and provide the group with greater source of recurring income, which would be further enriched with crop diversification to include coconut trees.

“At the same time, Greenyield can extend the use of its plantation products and technology to boost productivity. The group targets to plant and replant up to 500 Ha and 300 Ha of rubber and coconut trees respectively every year,” he added.

Greenyield said the exercise is expected to be completed by the third quarter of 2022 barring any unforeseen circumstances, and subject to all requisite approvals being obtained.

The proposed acquisition is deemed a related party transaction given the common interests of certain directors and major shareholders in both the target asset and Greenyield.

Accordingly, the interested directors and major shareholders had abstained from voting and the resolution was passed by the non-interested shareholders of Greenyield.


转载说明:本文转载自Sunbet。

上一篇:U8hash官网:生活成本飙升 英国夫妇不敢生育

下一篇:Telegram美国群:MK Land founder Mustapha Kamal dies at 73

网友评论

  • 2023-01-03 00:15:54

    局党组同志一致认为,中央纪委国家监委对张务锋涉嫌严重违纪违法问题进行纪律审查和监察调查,充分表明了以习近平同志为核心的党中央坚定不移推进全面从严治党的鲜明态度,充分体现了我们党坚决反对腐败、以“零容忍”态度惩治腐败的坚定决心,充分表明反腐败斗争没有禁区,无论是谁,不论职务高低,只要触犯党纪国法,都将受到严肃追究,充分释放出全面从严治党永远在路上、反腐败斗争没有休止符的强烈信号,彰显了我们党把严的主基调长期坚持下去、勇于自我革命、永葆先进性和纯洁性的坚定决心。局党组同志一致表示,坚决拥护中央决定,全力配合中央纪委国家监委做好审查调查工作。未来前途光明啊