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Japanese boost for Malaysian durians a boon for Singapore fans
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Malaysia is home to close to 90,000ha of durian farms, with Pahang's Raub district widely considered the country's durian haven.
ST PHOTO: SHANNON TEOH
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KUALA LUMPUR - The days of durian lovers’ wallets being at the mercy of the weather gods could soon be over. One of Malaysia’s largest planters is partnering a top Japanese agritech company to not only expand its acreage, but also boost yields, quality and efficiency.
PLS Plantations will have a 51 per cent stake in the RM429 million (S$129 million) joint venture with MYFARM Inc, backed by the likes of SB Technology (formerly Softbank Technology), DCM Holdings and Tsumura & Co. MYFARM’s RM210 million investment is the largest by a Japanese firm in durians to date.
