PT Agro Raya Mas (PTARM), a 70%-owned subsidiary of Mewah International, continues operating its refining and fractionation plants in Medan, Indonesia, after a fire fully damaged its shortening and packing facilities. PTARM has started rebuilding the damaged shortening, packing and office facilities with initial funding support from joint venture partners, with any approved insurance proceeds to be applied to offset related costs. Mewah Oils (Tianjin) Co. Ltd. (MOTJ), an indirect wholly owned subsidiary in China, completed construction of its specialty fats and oils manufacturing and packing plant within the budgeted cost of about USD 62 million and began operations in Q4 FY2025.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Mewah International Inc. published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: 5QZ16UJRO324A9DQ) on February 27, 2026, and is solely responsible for the information contained therein.