FGV wants to remain in the sugar business

Haris was speaking to reporters yesterday after the signing of an MoU among FGV Plam Industries Sdn Bhd (FGVPI), Sime Darby Energy Solutions Sdn Bhd (SDES) and Biotek Dinamik Sdn Bhd (BDSB).. (Picture shows from left: FGV chief operating officer (plantation) Syed Mahdhar Syed Hussain, Sime Darby Energy Solutions Sdn Bhd GM, Habibullah Nordin, and Biotek Dinamik Sdn Bhd MD and CEO, Eddy Yap Wai Hong at the signing.)

PETALING JAYA: While it wants to remain in the sugar business, FGV Holdings Bhd does not rule out the possibility of reducing its stake in its 51%-owned MSM Malaysia Holdings Bhd.

Its CEO Datuk Haris Fadzilah Hassan said the group was open to various forms of collaboration, including one that involves a stake disposal, “as long as it is good for MSM.”