November 24, 2017 12:00 PM ET

Food Products

Company Overview of Plentiful Harvest Sdn. Bhd.

Company Overview

Plentiful Harvest Sdn. Bhd. engages in fish breeding, fish hatchery operation, and fish rearing. The company was incorporated in 2001 and is based in Malaysia. Plentiful Harvest Sdn. Bhd. operates as a subsidiary of Borneo Aqua Harvest Bhd.

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Malaysia

Founded in 2001

Key Executives for Plentiful Harvest Sdn. Bhd.

Plentiful Harvest Sdn. Bhd. does not have any Key Executives recorded.

Plentiful Harvest Sdn. Bhd. Key Developments

Plentiful Harvest Sdn. Bhd. and City Harvest Aquaculture Sdn. Bhd. Terminate Joint Venture Agreement

The Board of Directors of Borneo Aqua Harvest Berhad announced that Plentiful Harvest Sdn. Bhd. had on 3 February 2017 terminated the Joint Venture Agreement with City Harvest Aquaculture Sdn. Bhd. entered on 6 January 2014 on letting CHASB to utilise the whole of 1 parcel of land which is registered as Temporary Occupation License No. 07900991 situated at Pulau Palak and 3 parcels of land which are registered and leased under CL075371087, NT073026472 and NT073026150 measuring 13.38 acres, 13.0 acres and 8.789 acres respectively, Mile 7, Jalan Airport, Sandakan and whatever facilities thereon for the business of oyster aquaculture farming by CHASB, after the expiry of a six months' notice dated 4 August 2016 served on CHASB by PHSB. The reasons for the termination of the JVA are: CHASB failed to deliver the requested books, records, accounts, documents and vouchers relating to the business and affairs of CHASB as provided for under clause 9.1 of the JVA on "Rights of Inspection and Information" despite repeated requests; and Unresolved shareholders' dispute within CHASB that had disrupted the operations of CHASB.

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