KUALA LUMPUR: Felda Global Ventures Holdings Bhd (FGV) has proposed to buy London-listed Asian Plantations Ltd (APL) for RM628mil cash consideration.
The world's largest crude palm oil producer said on Friday that APL, a Singapore-incorporated plantation company owns 24,622 hectares (ha) or 60,840 acres of oil palm plantations through its five wholly-owned estates within Miri and Bintulu, Sarawak.
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