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KUALA LUMPUR: FGV Holdings Bhd reported net loss of RM3.37mil in the first quarter ended March 31, 2019 compared with a net profit of RM1.12mil a yerar ago largely due to a sharp decline in crude palm oil (CPO) prices, and lower average selling price in the sugar sector.
KUALA LUMPUR: Diversified plantation group FGV Holdings Bhd (FGV) has identified 1,398 ha of land that is potentially suitable for the large scale commercial planting of durian, said its group CEO Datuk Haris Fadzilah Hassan.
KUALA LUMPUR (Bloomberg): Palm oil giant FGV Holdings Bhd and the Malaysian pilgrims fund are considering selling plantation assets in Indonesia as the government-linked entities seek to improve their financial position, people with knowledge of the matter said.
KUALA LUMPUR: Diversified plantation group FGV Holdings Bhd (FGV) is set to expand into a new downstream business following its collaboration with South Korea-based Samyang Foods Co Ltd to establish a halal ramen and instant noodle manufacturing facility in Malaysia, which will cater to both local and overseas markets.
KUALA LUMPUR: FGV Holdings Bhd has entered a memorandum of understanding with South Korea's Samyang Foods Co Ltd to establish a halal ramen manufacturing facility in Malaysia.