TH Plantations posts RM578mil loss in last quarter

PETALING JAYA: TH Plantations Bhd has posted a massive RM578mil loss in the last quarter ended Dec 31, as newly appointed chief executive officer (CEO) Muzmi Mohamed begins the painful task of turning around the embattled company

The company, in which Lembaga Tabung Haji has a 73.8% stake, booked in a total of RM594.9mil in impairment charges and write-offs in FY18.

PETALING JAYA: TH Plantations Bhd has posted a massive RM578mil loss in the last quarter ended Dec 31, as newly appointed chief executive officer Muzmi Mohamed begins the painful task of turning around the embattled company.

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