CIMB Research: Termination of LLA ‘negative’ for FGV


FGV

KUALA LUMPUR: CIMB Equities Research is cautious if the Federal Land Development Authority (Felda) terminates the land lease agreement (LLA) with FGV Holdings Bhd.

The research unit’s current stance is that the termination of LLA is “negative” for FGV and plans to move downstream are likely to take time to bear fruit.

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