Going downstream: The proposed acquisition of Zhong Ling Nutri-Oil is in line with FGVHB
PETALING JAYA: Felda Global Ventures Holdings Bhd (FGV) has ruled out talks about a possible privatisation of the world’s third largest plantation company by hectarage.
In a filing to the local stock exchange, the world’s largest crude palm oil producer said that “after making due enquiries with Federal Land Development Authority (Felda) as the major shareholder, FGV was informed that there has been no discussion on this matter at their board level”.
Already a subscriber? Log in.
Subscribe now and receive FREE sooka plan for 1 month.
T&C applies.
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!
