shadowseekerProbably will. Land value and development project of compugates should reflect higher value, not counting the timber concession. If you count other companies timber concession the value of compugates timber could be well over a billion ringgit.
simontanKUALA LUMPUR(Feb 10): Compugates Perak Sdn Bhd(CPSB), a wholly owned subsidiary of Compugates Holdings Bhd has been awarded a Letter of Offer by Lower Sepik Holdings Ltd (LSHL) for a logging and marketing contract in Papua New Guinea (PNG).
Today, Compugates told the exchange that CPSB was invited at its earliest convenience to enter Lower Sepik Forest Area within the Angoram District, East Sepik Province, PNG comprising of about 70,000 hectares (approximately 172,973 acres) of forested land, to carry out such evaluation and assessments as CPSB considers necessary to assist in its final decision whether to enter into a binding commercial enterprise with LSHL or not.