Which two plantation companies are involved in the RM370 million share purchase?

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No specific plantation companies were identified in the provided information regarding the RM370 million share purchase.

The Malaysian Anti-Corruption Commission (MACC) is investigating allegations of power abuse related to the purchase of shares in two plantation companies, with a total value of approximately RM370 million. These allegations stem from findings within the Royal Commission of Inquiry (RCI) report on Tabung Haji. The investigation has involved recording statements from a former chief financial officer (CFO) and a former chief executive officer of a company linked to a statutory body.
Investigation Focuses on Power Abuse Allegations

The MACC's inquiry centres on potential abuses of power connected to the acquisition of shares in two plantation entities. The combined worth of these share purchases is reported to be around RM370 million. This aspect of the investigation is directly informed by the findings detailed in the RCI's report concerning Tabung Haji.
Former Executives Provide Statements

As part of the ongoing investigation, the MACC has been recording statements from key former executives. Notably, a former CFO of a company associated with a statutory body has been questioned for multiple days, with sessions extending for over seven hours on the third day of his statement recording. This process is ongoing, with further sessions planned to complete the investigation.
Tabung Haji RCI Report as a Basis for Inquiry

The investigation's foundation lies in the conclusions presented in the Royal Commission of Inquiry (RCI) report on Tabung Haji. The report's findings highlighted concerns regarding the share transactions, prompting the MACC to initiate its probe into possible power abuse related to the RM370 million deal involving the two plantation companies.

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Which two plantation companies are involved in the RM370 million share purchase?

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