KUALA LUMPUR: NPC Resources Bhd said it has found a new buyer to acquire part of its estates in Sabah, barely days after withdrawing an offer to IOI Corp Bhd.

       In a filing with Bursa Malaysia today, NPC said Syarikat Kretam Plantations Sdn Bhd has accepted its offer to sell a total of 2,109 acres (853 hectares) of land in Kinabatangan, Sabah for RM52.7mil.

       Earlier this week, NPC has aborted a deal with IOI Corp, first announced in July, to sell around 3,740 hectares of land located in several districts in Sabah, as well as 881 hectares jointly owned by the company in the state.