No fires on land co-owned by Temasek

No fires on land co-owned by Temasek

SINGAPORE - A team sent by Temasek Holdings to check on Sumatran plantations it co-owns with United States commodities giant Cargill has confirmed there are no fires or hot spots on its land.

The Singapore investment agency said on Friday that the joint venture's plantations are at South Sumatra near Palembang, about 500km south of Singapore. The spots causing the haze are in Riau province, central Sumatra, less than 300km west of Singapore.

Temasek has 30 per cent of the joint venture CTP Holdings, with Cargill owning the rest. Earlier this week, the US firm had issued maps showing that the hot spots were not within its plantations.

CTP has a no-burn policy and clears land by mechanical means, said Temasek, with the whole process overseen by its staff. It also has emergency equipment and water tanks on standby, as well as fire patrol and security teams to monitor potential hot spots near boundaries and prevent fires spreading onto its property.

A Temasek spokesman said: "As a matter of good governance, Temasek expects the boards and management of its investee companies to oversee their operations according to sound commercial principles, including compliance with laws, regulations and recognised industry practices."


Get a copy of The Straits Times or go to straitstimes.com for more stories.

Use headlights and drive slowly on hazy roads
Click on thumbnail to view (Photos: AFP, Reuters, ST, TNP, BT, My Paper)
Singapore's haze on June 19
Click on thumbnail to view (Photos: AFP, Reuters, ST, TNP, Andrew Lim)
For more photos, click here.
Netizens share pictures of and jokes about the haze
Click on thumbnail to view (Photos: Twitter, ST, Stomp, Sin Chiew Daily, BH, AsiaOne)

More about

Purchase this article for republication.

BRANDED CONTENT

SPONSORED CONTENT

Your daily good stuff - AsiaOne stories delivered straight to your inbox
By signing up, you agree to our Privacy policy and Terms and Conditions.