Oriental Holdings plan to diversify income streams

TheStar Mon, May 29, 2023 12:00am - 10 months View Original


Strong demand: The Malaysian Palm Oil Board expects crude palm oil prices in 2023 to range between RM4,000 and RM4,200 per tonne.

GEORGE TOWN: Oriental Holdings Bhd will expand the plantation, automotive and healthcare segments to diversify its income streams.

The group plans to spend about RM39.7mil in the financial year 2023 (FY23) for new planting, the acquisition of plants and machinery for oil mills, and estate buildings.

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