Posted by Mabel > 2019-04-10 23:52 | Report Abuse

Sounds good to me and thanks for sharing Calvin!

Posted by KH8668 > 2019-04-11 08:08 | Report Abuse

Just do some reasoning..with below RM700 per acre land cost and gone through good palm oil prices for more than10 years, still accumulate debts over RM1b, do you think this company can survive in the challenging next 10 years ? The bank already mark-up the value of the land cost to RM40,0000 per acre at least. ( 17m/700 =240000++ acres) How to finance >RM1b, not only borrowings, still got other outstandings)