Here is the background on Leisure Pyramid......it was purchased by QL Resources last year, through its wholly owned subsidiary QL Feedingstuffs Sdn Bhd.
However, I no longer see the subsidiary of QL Feedingstuffs anywhere; they just placed the new company, Leisure Pyramid, within the Biomass Energy Business structure.
Which leads me to believe that this new business, Leisure Pyramid, has something to do with food production via biomass.
Since QL Palm Pellet is a subsidiary, it lends credence to the idea that the palm pelletizing JV they talked about earlier is or will be coming into place.....i.e. QL NatureCo represents the investment JV.
“This segment’s growth catalyst will mainly be its maturing Indonesian plantations and a potential joint venture with other crude palm oil millers on a palm pelletisation project going forward.”
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