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PETALING JAYA: FGV Holdings Bhd is unaware of the plans by tycoon, Tan Sri Syed Mokhtar Albukhary to buy a 20% stake in the company as reported by a local financial daily recently.
PETALING JAYA: From going on an acquisition spree, Felda Global Ventures Holdings Bhd (FGV) is now a target company. Having aborted the stake acquisition of Indonesia’s Eagle High Plantations Tbk, FGV has attracted suitors who are looking at a possible corporate exercise with the plantation group.
KUALA LUMPUR: Malaysian Phosphates Additive (Sarawak) Sdn Bhd (MPAS) has signed an engineering design, procurement and construction (EPC) contract with a consortium of contractors from China to build a RM2.2bil integrated phosphate complex in Sarawak.
KUCHING: Cahya Mata Sarawak Bhd (CMS) plans to raise RM1bil in syariah-compliant fund for its capital expenditure (capex) requirements and working capital.
KUALA LUMPUR: RAM Rating Services has reaffirmed the AA3/Negative/P1 ratings of Padiberas Nasional Bhd's (Bernas) RM750mil irredeemable convertible preference shares/medium term notes (ICP/MTN Programme 2010/2017).
At The Star Roundtable on Palm Oil held at Menara Star in Petaling Jaya, Selangor, recently, The Star’s executive editor Errol Oh led the discussion on these topics: Sustainability and the soon-to-be-launched Malaysian Sustainable Palm Oil (MSPO); the National Biomass Strategy 2020; the anti-palm oil lobby; and, Budget 2014.