Going downstream: The proposed acquisition of Zhong Ling Nutri-Oil is in line with FGVHB
PETALING JAYA: Felda Global Ventures Holdings Bhd (FGV) has ruled out talks about a possible privatisation of the world’s third largest plantation company by hectarage.
In a filing to the local stock exchange, the world’s largest crude palm oil producer said that “after making due enquiries with Federal Land Development Authority (Felda) as the major shareholder, FGV was informed that there has been no discussion on this matter at their board level”.
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