FGV buys four firms and land from Golden Land for RM655mil


PETALING JAYA: Felda Global Ventures Holdings Bhd (FGV) is buying four plantation-based firms and 836.1ha oil palm land in Sabah from Golden Land Bhd for RM655mil cash.

For FGV, the proposed acquisitions are expected to improve its brownfield land and age profile of its oil palms.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Consumers trade down
Europe’s�new growth regime
Tech gets a power-up
Private credit weathers the storm
China’s evolving luxury spending
Distorted valuation methods hide true value
Hainan’s electric roadmap
New phase of AI boom
Film fame comes to Favignana
LSS6 moves to address structural gaps�

Others Also Read