The Felda logo is seen at its headquarters in Kuala Lumpur, December 28, 2016. — Picture by Yusof Mat Isa
In a statement today, FGV Holdings Bhd said it would be happy to participate in strategic discussions to seek viable solutions and explore potential synergies that would benefit all stakeholders. Under the current terms of the LLA, FGV is required to pay a fixed lease payment of about RM250 million per year for 99 years, which was paid irrespective of prevailing crude palm oil prices.
Bamboo it is!!!
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
AllianceDBS upgrades FGV to 'buy,' sees higher future earnings | Malay MailKUALA LUMPUR, April 10 — AllianceDBS Research today upgraded FGV Holdings Bhd’s stock to a “buy,” with a new revised discounted cash flow-derived target price of RM1.75 from RM1.40 per share. In a research note today, it said FGV’s yields and profitability are expected to be on an uptrend...
Source: malaymail - 🏆 1. / 86 Read more »
Azmin: RM2.7b in FGV IPO for political mileage in polls | Malay MailKUALA LUMPUR, April 10 — While Felda Global Ventures (FGV) had raised RM10.5 billion in its 2012 Initial Public Offering (IPO), Datuk Seri Azmin Ali today said the previous administration had spent about a quarter or RM2.7 billion of the earnings on very “shady transactions”. The economic...
Source: malaymail - 🏆 1. / 86 Read more »
PM: Where have all the FGV profits gone? | Malay MailKUALA LUMPUR, April 10 — Prime Minister Tun Dr Mahathir Mohamad today questioned where the funds of FGV Holdings Bhd, which was claimed to have recorded considerable profits, have gone to. Referring to himself as the Member of Parliament from Langkawi, Dr Mahathir raised the matter as he... Gone the same way as another billion dollar fund? Read the fgv annual and financial report? To the band of thieves foreign banks which they hope to live happily thereafter
Source: malaymail - 🏆 1. / 86 Read more »
Felda facing financial problems since listing of FGVKUALA LUMPUR: Felda started experiencing worsening financial problems and mounting debts after its listing of FGV Holdings Berhad in 2012 and investin...
Source: theSundaily - 🏆 25. / 51 Read more »
RM2.7 bilion wang FELDA diguna untuk kempen PRU lalukualalumpur Mohamed Azmin berkata, jumlah itu adalah antara perbelanjaan daripada hasil tunai RM6 bilion yang diperoleh FELDA berikutan penyenaraian FGV Holdings Berhad (FGV).
Source: hmetromy - 🏆 26. / 51 Read more »
FGV and FIC gambit blamed for Felda’s woesWHITE PAPER | The two companies indulged in 'aggressive' and 'uncontrolled' investments that did not generate expected returns. How did Felda lose ALL their 2012 $10bil IPO money and now be in $12bil debt .. making a total of $22bil gone is less than 6 years under NajibRazak 20/20 vision in hindsight.
Source: malaysiakini - 🏆 20. / 51 Read more »
FGV gesa Putrajaya semak perjanjian pajakan tanah Felda | The Malaysian InsightFGV perlu membayar jumlah pajakan kepada Felda mencecah RM250 juta setahun selama 99 tahun bermula 2012.
Source: msianinsight - 🏆 8. / 63 Read more »
Felda’s FGV urges Putrajaya to relook land lease deal | The Malaysian InsightThe company says the issue has been raised many times over the past 3 years and is a source of shareholders' concern.
Source: msianinsight - 🏆 8. / 63 Read more »