20 Annual Report 2022 We are also optimistic that CPO price will remain well supported in 2023 with the current CPO price trading at approximately RM3,400/MT (net of export levy and duty) in Indonesia. This is due to continued good demand as countries open up their economies and adapting to COVID-19 as endemic and tighter global palm oil stocks, due to wet weather impact. On behalf of the Board of Directors, I would like to express our sincere appreciation and thanks to our valued shareholders, customers, bankers, business associates and regulatory authorities for their continued support towards the Group. I would also like to extend my heartfelt gratitude to my Board members, management team and all employees for their commitment and teamwork towards the Group’s success. I believe that MKH Berhad is well positioned to achieve greater success in year 2023 with the continued support from all of our stakeholders. Thank you. Tan Sri Dato’ Alex Chen Kooi Chiew Group Executive Chairman Aerial view of our CPO mill, management office, guest house and workers’ accommodation
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