FGV denies report on land sale talks with Tadmax


PETALING JAYA: Felda Global Ventures Holdings Bhd (FGV) has denied being in discussions with Tadmax Resources Bhd over the sale of the latter’s land in Indonesia.

“However, the company previously in 2013, had very preliminary exploratory discussions with Tadmax on this matter but no definitive terms were discussed, negotiated and agreed upon,” it said in its filing with Bursa Malaysia yesterday.

The Star 6.6 DEAL: 35% OFF Digital Access

Monthly Plan

RM 13.90/month

RM 9.04/month

Billed as RM 9.04 for the 1st month, RM 13.90 thereafter.

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

CTOS Digital cancels 15.45 million treasury shares under buyback programme
Alam Maritim to exit PN17 status on June 8
Well Chip plans rights issue to raise up to RM120mil for pawnshop expansion
Pineapple Resources major shareholder raises stake to 71.4% after MGO closes
Ringgit weighed down by rising fuel prices, geopolitical risks
Sern Kou unit secures additional RM7mil CIMB Islamic banking facility
Lianson Fleet, partners form JV to acquire medium-range tanker
Proton sales rise 38% in first five months of 2026
EITA secures RM40.9mil busduct supply contract for Johor data centre project
FBM KLCI bucks regional sell-off, ringgit sinks to two-month low

Others Also Read