Rimbunan Sawit Berhad is one of the pioneers of the oil palm plantation industry in Sarawak. Our track record goes back to our first plantings in 1988. Today, we are one of Sarawak's leading palm oil producers and processor of crude palm oils and high quality oil palm seeds. Modern agricultural practices & a dedication to technological innovation have long been mainstays of our business operations. In addition we follow environmentally sound practices to ensure that there are no adverse environmental impact on the surrounding environment.
|Last Done||MYR 0.455|
|Day's Range||0.445 - 0.460|
|52 Weeks' Range||0.430 - 0.550|
Jul 17, 2017
Jul 10, 2017Circular To Shareholders In Relation To Part A (i) Proposed Disposal Of All Rights, Title And Interests In Relation To The Simunjan Estate Via An Absolute Assignment, Development Costs, Biological Assets, Commercial Rights And All The Fixtures And Fittings Relating Thereto By Rimbunan Sawit Berhad ("RSB") To Tiasa Mesra Sdn Bhd, For A Cash Consideration Of RM150.0 Million; (ii) Proposed Acquisition Of A Parcel Of 67.5 Hectares Land (Which Currently Forms Part Of Parent Lot 248 Block 4 Stungkor Land District, Lundu, Kuching Division, Sarawak) Together With A Palm Oil Mill (Including Workers Quarters) Erected Thereon And Plantation Assets By RSB Lundu Palm Oil Mill Sdn Bhd, A Wholly-Owned Subsidiary Of RSB, From R H Lundu Palm Oil Mill Sdn Bhd, For A Total Cash Consideration Of RM33.7 Million; And (iii) Proposed Acquisition Of 100,000 Ordinary Shares In Sastat Holdings Sdn Bhd ("SHSB"), Representing The Entire Equity Interest In SHSB, By RSB From Pertumbuhan Abadi Asia Sdn Bhd, Teck Sing Lik Enterprise Sdn Bhd And Tan Sri Datuk Sir Diong Hiew King @ Tiong Hiew King, For A Total Cash Consideration Of RM17.0 Million (Collectively Referred To As "Proposals"); And Part B Independent Advice Letter From Mercury Securities Sdn Bhd To The Non-Interested Shareholders Of RSB In Relation To The Proposals
Jul 07, 2017