Best interest: FGV says if its board and management decide to proceed with the rationalisation plan, it will be carried out with full transparency.
PETALING JAYA: Felda Global Ventures Holdings Bhd (FGV) has clarified that the RM200mil to RM300mil potential adjustments are related to the plantation company’s plan to improve its future income through a rationalisation plan.
Over the weekend, it was reported that FGV could make a write-off of up to RM300mil in its fourth financial quarter ending Dec 31, 2016.
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