FGV probing Asian Plantations deal


CIMB Research and Kenanga Research have said that the depressed crude palm oil (CPO) prices will continue to force the world

THE board of FGV Holdings Bhd is said to be looking into the group’s investment in London-listed Asian Plantations Ltd (APL) that was acquired back in 2014.

Towards this end, key officials of the company, including former directors and management of FGV, have been queried on APL’s hefty price tag of more than RM1.1bil that was approved.

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Business , FGV , plantation

   

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