FGV confirms probe is on Felda Iffco’s subsidiary


Felda Global Ventures’ Holdings Sdn Bhd’s (FGV) plans to penetrate the European Union with its palm oil products now that it has established a gateway into Europe via Turkey-based company, Felda-Iffco Gida Sanayi ve Ticaret, a JV between FGV and Dubai-based Iffco Holdings Ltd. The Felda-Iffco refinery in Turkey has a 3.2% share of the palm oil market in the country and it plans to increase it to 8.4% next year. Sept 2011.

* To read the story “Fraud in Felda Global Ventures”, click here


The Star Festive Promo: Get 35% OFF Digital Access

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 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

Ringgit opens firmer on weaker US$, 4Q GDP optimism
FBM KLCI seen consolidating ahead of GDP release, CNY holiday
Trading ideas: Steel Hawk, Critical, GDB, Hextar Industries, Infraharta, MFM, MGB, Oriental, UEM Sunrise, Maxis, SKP
Steel Hawk unit secures PETRONAS deal
Dialog enters recovery year driven by midstream recurring income
Stunning 4Q finish for Malaysia
Topmix posts record quarterly revenue and earnings
SC appoints LC Wakaful Digital as first social exchange operator
One Credit debuts smart fintech system
Infraharta Holdings wins RM11.4mil construction job

Others Also Read