Going downstream: The proposed acquisition of Zhong Ling Nutri-Oil is in line with FGVHB
It’s buying 55% of vegetable oil producer’s paid up capital for RM976mil
KUALA LUMPUR: Felda Global Ventures Holdings Bhd (FGV) plans to expand its oils and fats capabilities in China by acquiring 55% of the paid-up capital of Zhong Ling Nutri-Oil Holdings Ltd for RM976.25mil.
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