KUALA LUMPUR: Better known for undertaking high profile asset acquisitions in the pursuit of growth, Felda Global Ventures Holdings Bhd (FGV) has now put the brakes on its spending by emphasising the need to maximise the value of its existing businesses as part of its new transformation plan.
In a media briefing yesterday, chief executive officer Datuk Zakaria Arshad said that mergers and acquisitions (M&As) were no longer the key focus for its growth.
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