Npc Resources Berhad Announces Resignation of Lim Ted Hing as Independent and Non Executive Chairman of Nomination Committee

NPC Resources Berhad is a Malaysia-based investment holding company, which is engaged in the provision of management services. It is involved in the trading of fresh fruit bunches (FFB), provision of transportation services, property letting and operation of the hotel. The Company operates in three segments: Plantation and milling, Hotelier, and Corporate. The Plantation and milling segment is involved in the cultivation and the sale of oil palm products. The Hotelier segment is involved in the hotel operations. The Corporate segment is involved in the provision of management services, the group-level corporate services, treasury and purchasing functions, and the business investments. It operates approximately 10,776 hectares of plantation land, of which 6,767 hectares are located in the Sandakan region and 4,009 hectares on the Banggi Island of Sabah. It has a palm oil processing mill located at Desa Senambah, Kecamatan Muara Bengkal, Kabupaten Kutai Timur (Nala Mill).