17/07/2014 (The Star) - Terengganu-based TDM Bhd is buying a 95% stake in Indonesia’s PT Sawit Rezki Abadi for RM129,980 to develop oil palm plantations and to operate oil palm businesses in that country.

TDM said on Wednesday it was acquiring the stake, comprising of 475 shares in PT Sawit Rezki Abadi, from H. Rahman and H. Andri.

The company the acquisition would be funded from its own funds.