S'gor firms buys RM7m POIC land for compost plan

Kuala Lumpur: Infrastructure superiority has won over an investor planning to build a facility in Lahad Datu to make compost and bio fertilisers.Selangor-based Perkasa Bahagian Sdn Bhd bought 6.04 acres at the Lahad Datu palm oil industrial cluster (POIC Lahad Datu) and expect to widely use biomass available in Sabah.

The sale and purchase agreement was signed here, on Wednesday.

Datuk Dr Pang Teck Wai, chief executive officer of POIC Sabah Sdn Bhd, the developer of POIC Lahad Datu, signed on behalf of his company while Dato Soh Kin Roo and Soh Kin Khai, both directors of Perkasa Bahagian, sign for their company.

The land deal was worth close to RM7 million. State-owned POIC Lahad Datu, developed since 2005, has a comprehensive range of port facilities including a bulk terminal, a liquid terminal, barge facilities and, by next year, a container terminal.

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Perkasa Bahagian, a subsidiary of Kenso Sdn Bhd, joins a list of 40 over Malaysian and international investors who have invested over RM4 billion in the one-of-its-kind industrial park. Singaporean-owned Mewah Datu and the Genting Group, with it's American partner, lead the palm oil-based cluster while Behn-Meyer, Union Harvest and Wilmar are among major players in the fertiliser cluster in POIC Lahad Datu.

Perkasa Bahagian plans to produce compost and bio fertilisers from oil palm biomass widely available at plantations and mills in the Lahad Datu area. One of its intended markets is Kalimantan, Indonesia, where oil palm plantation development is growing rapidly.

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Perkasa Bahagia's parent company has been in business since 1974 majoring in agrochemicals and fertilisers under the "Golden Goose" and "Cap Bunga" brands. Its products are sold in Malaysia as well as China, Australia and Thailand.

It's products are also SIRIM-certified and has ISO 9001:2000 international standard.

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