FGV outlook seen uncertain

MIDF Research, in its latest report, has raised concerns about FGV’s future direction given several issues that will place the planter in an unfavourable light.

PETALING JAYA: Despite a turnaround in its earnings, the business prospects of FGV Holdings Bhd are still full of uncertainties moving forward, say analysts.

This is due to the looming early termination of its 99-year land lease agreement (LLA) with Felda and the potential takeover of FGV’s palm oil mills by the agency, according to the analysts.