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Provider: Thomson Reuters Stock Report
Provider: Wright Reports
Provider: Reuters Investment Profile
Provider: Affin Hwang Investment Bank Bhd

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Felda Global Ventures Holdings Bhd Plans To Buy Local Plantation Firm For MYR1.21 Billion-DJ

Friday, 19 Jul 2013 04:07am EDT 

Dow Jones reported that Felda Global Ventures Holdings Bhd said it plans to buy privately-held Pontian United Plantation Bhd for MYR1.21 billion ($379.3 million) to expand its landbank. Pontian has about 40,000 acres of oil palm plantation land located mainly in the Sabah state. 

Company Quote

-0.08 -3.46%
19 Dec 2014