KUALA LUMPUR: FGV Holdings Bhd
will acquire full ownership of eight subsidiaries via share purchases totalling RM229.75 million from Koperasi Permodalan Felda Malaysia Bhd (KPF).
In a filing to Bursa Malaysia today, FGV said its units, FGV Palm Industries Sdn Bhd (FGVPI) and Felda Holdings Bhd (FHB), have signed conditional share sale agreements to acquire the remaining stakes in the companies currently jointly owned with KPF.
