Halcyon Agri: To Move Upstream, Signs Term Sheet To Acquire 24,327 - TopicsExpress



          

Halcyon Agri: To Move Upstream, Signs Term Sheet To Acquire 24,327 Acres Of Land In Malaysia, Develop Natural Rubber Plantation For RM130 Million. 10 Sep 2013 09:50 To acquire JFL Agro Pte. Ltd. and subsidiaries for approximately MYR130m, key asset is long term leasehold over 24,327 acres of Sultanate land in Kelantan, Malaysia. Plans to develop natural rubber plantation. Major strategic move upstream, continues expansion into Malaysian natural rubber sector. Complements recently announced acquisition of Chip Lam Seng rubber processing assets in Ipoh, Malaysia... shareinvestor/news/news.html?source=sg_si_express&nid=68253
Posted on: Tue, 10 Sep 2013 02:44:18 +0000

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