Loss-making Harn Len Corp Bhd , which is disposing of its 5,249.7-acre oil palm estate in Pahang, will continue its plantation business in the state, contrary to its earlier plan to exit the Peninsular Malaysia market.

A source tells StarBizWeek that Harn Len will only dispose of its Lian Hup estate in Rompin as announced on Bursa Malaysia on April 29. For context, the oil palm grower also owns the 5,229.5-acre Senang estate in Pahang.

“The decision is to sell only one estate. The other (Senang estate) will be kept. There are only two estates in Pahang,” he says.

Earlier in February, Harn Len via its property agent advertised in The Star to invite interested parties to bid for the Senang and Lian Hup estates.

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