Despite the allegations, Mohamad Helmy said almost all of the group’s customers have continued to do business with the plantation group. The group has declared an interim dividend of 7.9 sen per share for Q2 from 4.02 sen per share a year ago. Nonetheless, Mohamad Helmy confided that the group would likely register a “deficit” in its FFB production in Malaysia this year due to a severe labour shortage. “Our FFB production from Indonesia and Papua New Guinea (PNG) would cushion the impact of low production in Malaysia. “Our production in Malaysia will not improve until the labour shortage issue is resolved” he explained.

Source: The Star August 18, 2021 23:37 UTC