Priceworth eyes PNG log deal

KUALA LUMPUR: Priceworth International Bhd intends to partner  PME Niugini Ltd to log timber at Papua New Guinea (PNG). In its filing yesterday, Priceworth said  PME has been given the right of forest clearance authority/timber authority in Tonolei Block One Forest Areas, Buin District, autonomous region of Bougainville. Priceworth said  the partnership is pending finalisation of terms and conditions of a formal agreement and the site inspection and survey on the designated area.

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