FGV to grow business 8-fold within 8 years


KUALA LUMPUR: Felda Global Ventures Holdings Bhd (FGV), which reported net profit of RM245.60mil in the third quarter ended Sept 30, 2012, is pushing ahead with its strategic plans to grow the business eight-fold within eight years.

It said on Friday, the expansion was notwithstanding the current downtrend in crude palm oil (CPO) prices and lower production due to weather conditions.

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