KUALA LUMPUR/JAKARTA: A Malaysian opposition lawmaker urged Felda Global Ventures Holdings Bhd to call off its deal to buy a non-controlling stake in Indonesia's PT Eagle High Plantations for $680 million.
Shares of Felda Global, the world's third-largest palm plantation operator, fell to a record low on Monday, after analysts said its plan to buy 37 percent of Eagle High from Rajawali Group was too expensive.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
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!
