FGV clarifies land lease deal with Felda

FGV also maintained the assets involved in the LLA are estates and do not include FGV’s oil palm mills.

KUALA LUMPUR: FGV Holdings Bhd has issued a clarification about the land lease agreement (LLA) between FELDA and FGV.

It issued the statement on Tuesday following recent news reports about FELDA and the terms of the LLA where it said the termination of the LLA was allowed.