Felda Global Ventures to announce acquisitions in 3 months


KUALA LUMPUR: Felda Global Ventures Holdings Bhd (FGVH), the world's third largest palm oil producer, expects to announce its first acquisition within the next three months.

Outgoing group president and CEO Tan Sri Sabri Ahmad said on Wednesday he expects crude palm oil (CPO) prices to hover between RM2,400 and RM2,800 a tonne in the second half of this year.

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