PETALING JAYA: Genting Plantations Bhd said today its Indonesian unit has been slapped with a fine of 396 billion rupiah (about RM95 million) by Indonesia’s Forest Area Enforcement Task Force.
The plantation group said its 95%-owned indirect subsidiary, PT Susantri Permai, received an interim notice from the task force and has paid the fine.
“The interim notice is awaiting finalisation from the authority,” Genting Plantations said in a bourse filing today.
