FGV expects to double palm oil exports to China


Top management: (from left) Amri, Zakaria and MSM chief financial officer Aznur Kama Azmir at the briefing.

 KUALA LUMPUR: Felda Global Ventures Holdings Bhd (FGV) expects its palm oil exports to China to double to 600,000 tonnes annually after its recent deal with China-based Sinograin Oils Corp.

FGV group president and chief executive officer Datuk Zakaria Arshad said the deal is worth several hundred million ringgit and “we hope to see its impact on FGV’s bottom line immediately.”

Business , MSM Holdings Bhd , FGV , Zakaria , China , Sinograin , stocks , shares , palm oil , cpo ,

   

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