<div class=newsTextDataWrapInner><p>KUALA LUMPUR (July 11): Far East Holdings Bhd (FEHB) is selling two plots of agricultural land in Pahang to TR Plantations Sdn Bhd for a total of RM8.16 million cash.</p></div>

<div class=newsTextDataWrapInner><p>The first plot of agricultural land “No PT 10329” measures 414.05 acres and is being sold for RM4.97 million.</p></div>

<div class=newsTextDataWrapInner><p>The second plot of agricultural land “No PT 10331” measures 265.71 acres and is being sold for RM3.19 million.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>In a filing with Bursa Malaysia today, it said it is selling the two plots of land as they are not located in the vicinity of FEHB’s group of estates.</p></div>

<div class=newsTextDataWrapInner><p>“[It is] not viable for FEHB to create an operating unit to run the oil palm plantation,” it added.</p></div>

<div class=newsTextDataWrapInner><p>FEHB shares were last traded at RM8.95 last Friday, with a market capitalisation of RM1.27 billion.</p></div>


KUALA LUMPUR (July 11): Far East Holdings Bhd (FEHB) is selling two plots of agricultural land in Pahang to TR Plantations Sdn Bhd for a total of RM8.16 million cash.

The first plot of agricultural land “No PT 10329” measures 414.05 acres and is being sold for RM4.97 million.

...

Far East Holdings sells land to TR Plantations

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