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Commodities

FGV gets MoF nod to buy stake in Zhong Ling

Going downstream: The proposed acquisition of Zhong Ling Nutri-Oil is in line with FGVHB

It’s one of conditions precedent to be satisfied under two SPAs

PETALING JAYA: Felda Global Ventures Holdings Bhd (FGV) has received the nod from the Finance Ministry (MoF) to acquire a 55% stake in China-based edible oil producer Zhong Ling Nutril-Oil Holdings Ltd.

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Business , FGV , MOF , approval , palm oil , oil palm

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