On the last day of his visit to China, Prime Minister Dr Mahathir Mohamad today witnessed the signing of a memorandum of understanding (MOU) between Sime Darby Plantation Berhad and China National Cereals, Oils and Foodstuffs Corporation (Cofco).

Cofco, one of China's state-owned food processing and agriculture supply chain company, will be working together with Sime Darby in a joint venture to set up plants in Malaysia to produce palm oil-based products for the Chinese market...