Felda chairman Datuk Seri Idris Jusoh (pic) said he believes that the cooperation between Felda and FGV will create synergies that could bring mutual benefits to the two organisations.
PETALING JAYA: The Federal Land Development Authority (Felda), which now has an 81% stake in FGV Holdings Bhd
, said the management of the listed planter’s land lease agreement (LLA) estates and its palm oil mills will be integrated with the agency’s other estates.
This is to ensure a more efficient and effective plantation operations for the benefit of both Felda and the listed planter, the agency said in a statement yesterday.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
