PETALING JAYA: FGV Holdings Bhd
has yet to receive official notice from Felda for an early termination of its 99-year land lease agreement (LLA) with the agency.
There is also no discussion between the two parties on Felda’s plan to acquire FGV’s palm oil mills nationwide, said FGV group chief executive officer Datuk Haris Fadzilah Hassan. (pic below)
He said at a virtual press briefing to announce on the group’s third quarter financial results that “our palm oil mills are a key component in the group’s plantation operation.
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