FGV Holdings to loan RM260mil to subsidiary for capital expenditure


KUALA LUMPUR: FGV Holdings Bhd (FGVH) has entered into a loan agreement with its 72 per cent owned subsidiary, FGV Palm Industries Sdn Bhd (FGVPI), to provide RM260 million for financing FGVPI’s capital expenditure requirements.

FGVPI is a private limited company incorporated in Malaysia on Sept 14, 1955, with an issued share capital of RM422.59 million.

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Bursa Malaysia , FGVH , FGVPI , loan

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