FGV group chief financial officer Ahmad Tifli Mohd Talha(pic) recently said mergers and acquisitions would remain part of the group
PETALING JAYA: Felda Global Ventures Holdings Bhd (FGV) is set to acquire a stake in an Indonesian oil palm company, expanding the group’s plantation assets in the republic, even as it seeks to exit refining business in North America.
Sources told StarBiz that FGV was proposing to purchase a substantial stake in Jakarta Stock Exchange-listed Eagle High Plantations Tbk at 800 rupiah a share.
Already a subscriber? Log in.
Get 30% off with our ads free Premium Plan!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
