FIC, the new kid on the block


FELDA Investment Corp (FIC) is increasingly making its mark in the local investment scene.

Two of its recent forays into the stock market have not gone unnoticed. It acquired a controlling block in mid-sized property developer Encorp Bhd in May and more recently, took up a 10% block of shares in oil and gas service provider Barakah Offshore Petroleum Bhd.

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