PETALING JAYA: Investors are warming up to Felda Global Ventures Holdings Bhd (FGV), sending its share price to a five-month high even as speculation swirls about the outcome of its deal to buy a substantial stake in an Indonesian plantation company.
The completion of the sale of its loss-making unit in Canada for C$172.7mil (RM567mil) early this month and the rebound in the price of crude palm oil (CPO) are also helping to boost sentiment on this stock.
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