FGV eyes Asian Plantations

An Asian Plantations palm oil mill.

FELDA Global Ventures Holdings Bhd (FGV) is hot on the trail of another round of landbank acquisitions this year.

The cash-rich plantation conglomerate is believed to have set its sights on Asian Plantations Ltd (APL), a Singapore-based plantation company that is listed on the Alternative Investment Market (AIM) of the London Stock Exchange.