Malaysian lawmaker calls for Felda to abort deal to buy Eagle High


KUALA LUMPUR/JAKARTA: A Malaysian opposition lawmaker urged Felda Global Ventures Holdings Bhd  to call off its deal to buy a non-controlling stake in Indonesia's PT Eagle High Plantations for $680 million.

Shares of Felda Global, the world's third-largest palm plantation operator, fell to a record low on Monday, after analysts said its plan to buy 37 percent of Eagle High from Rajawali Group was too expensive.

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