PETALING JAYA: The ongoing transformation of Sarawak Plantation Bhd (SPB) undertaken by timber and plantation group Ta Ann Holdings Bhd is steadily heading towards better growth and sustainable profits.

Ta Ann emerged as the largest shareholder in SPB when it acquired a 30.39% stake in the plantation group in March last year.

When contacted, Ta Ann group managing director and CEO Datuk Wong Kuo Hea told StarBiz that “as both Ta Ann and SPB are involved in the oil palm industry, managing one or multiple plantation companies is not an issue.

“SPB has its primitive superior conditions in terms of good land bank which, in turn, offers a strategic logistic advantage that is hard to find elsewhere in Sarawak.

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