|Flash Felda Global eyeing Sarawak Plantation|
|Business & Markets 2012|
|Written by theedgemalaysia.com|
|Friday, 17 August 2012 08:36|
KUALA LUMPUR (Aug 17): Felda Global Ventures Holdings Bhd (FGVH) is eyeing a meaningful stake in Sarawak Plantation Bhd, controlled by Datuk Abdul Hameed Sepawi and the state government, reported the Edge Financial Daily on Friday.
Citing financial executives familiar with the deal, the Daily said FGVH was seeking to grow its landbank and production of crude palm oil via the acquisition.
For more, read Friday’s Edge Financial Daily and the latest Edge weekly editions.