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Advanced takes big step towards new business

Engineering firm in oil and gas sector wins shareholders' okay to acquire minority stake in palm oil business

Agricore owns rights to develop nearly 170,000 hectares of plantation land in Indonesia's Sulawesi island. The company says revenue could start flowing in by 2022-2023.


SINGAPORE'S mainboard-listed Advanced Holdings' compass is finally set for a big turn towards palm oil after the engineering services and equipment provider for the oil and gas sector won shareholders' go-ahead last week to acquire a minority share of Indonesian-based Agricore...

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