{
  "id": 3498632,
  "title": "PN selamatkan 76,000 hektar ladang THP, dakwa Ahli Parlimen PAS",
  "url": "https://urgent.news/2026/08/26/pn-selamatkan-76-000-hektar-ladang-thp-dakwa-ahli-parlimen-pas",
  "topic": "world",
  "section": "World",
  "published": "2026-08-26T11:20:00.000Z",
  "source": {
    "name": "Free Malaysia Today",
    "slug": "free-malaysia-today",
    "url": "https://www.freemalaysiatoday.com/category/bahasa/tempatan/2026/08/26/pn-selamatkan-76-000-hektar-ladang-thp-dakwa-ahli-parlimen-pas"
  },
  "original_language": "en",
  "account": "Pengkalan Chepa MP Ahmad Marzuk Shaary claims that the Perikatan Nasional (PN) administration saved approximately 76,000 hectares of TH Plantations Bhd (THP) plantations from being sold. This decision was made when crude palm oil (CPO) prices were falling in 2019 under the Pakatan Harapan (PH) government, before being canceled after PN assumed administration in 2020. The Facebook post by the former deputy religious affairs minister stated that the decision was made when CPO prices were falling, before THP's financial performance recovered in subsequent years. THP reported a net profit of RM27.46 million in 2020, RM101.57 million in 2021, RM87.94 million in 2022, RM60.10 million in 2023, RM97.32 million in 2024, and RM111.06 million in the previous year. THP's annual report shows the company reported a pre-tax profit of RM178.99 million in 2025, compared to RM160.42 million the year before. Selling the land would have meant a one-time gain, but the land, workforce, and future profits are now owned by someone else. Fortunately, the decision was canceled, said PAS Centre Deputy Member Mujahid Yusof. Yusof, a former minister in the Prime Minister's Department in July 2020, said THP's assets, including its plantations, had to be sold due to the company's debts dating back to 2015. He said the PH government had to sell some THP assets because the company had accumulated debts of RM1.24 billion in 2018 and RM1.29 billion in 2019.",
  "summary": "Ahmad Marzuk Shaary dakwa keputusan menghentikan pelupusan besar-besaran aset THP membolehkannya mengekalkan ladang yang kemudian menjana keuntungan enam tahun berturut-turut.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}