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Rimbunan Sawit agrees to sell Sarawak land to LAKMNS for RM 18.39 million
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Rimbunan Sawit agrees to sell Sarawak land to LAKMNS for RM 18.39 million
  • Rimbunan Sawit’s subsidiary R.H. Plantation agreed to sell plantation land to Lembaga Amanah Kebajikan Masjid Negeri Sarawak for RM 18.39 million cash.
  • The agreement, signed November 12, 2026, covers approximately 613 hectares at Sungai Bok, Bakong, Baram, in Sarawak.
  • The sale will generate working capital, reduce future estate expenditure and allow resources to focus on remaining estates and mills.
  • Completion is expected in the first half of 2027, subject to required land-transfer consents.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Rimbunan Sawit Bhd published the original content used to generate this news brief via Bursa Malaysia (KLSE) (Ref. ID: 3723920) on November 12, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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