PETALING JAYA: There will be some delay in the progress of United Malacca Bhd’s (UMB) large scale commercial cash crop joint-venture (JV) in Indonesia because of environmental issues.
The planter decided to halt the operation of its 60%-owned Indonesian JV PT Wana Rindang Lestari (WRL) in Sulawesi starting on Saturday to address the issues raised by several non-governmental organisations (NGOs) recently.
When contacted by StarBiz, UMB chief executive officer Peter Benjamin (pic) said it would be difficult to determine the time frame when the cash crop JV project will start again.
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