FGV cannibalising Felda profits, accuses Pua
- 9 years ago
Instead of creating a new well, Felda Global Ventures Berhad (FGV) is "cannibalising" the profits of Felda Palm Industries Sdn Bhd (FPI), accused DAP's Tony Pua.
FPI which is 64.7 percent controlled by Koperasi Permodalan Felda (KPF), signed a contract on March 1 where all crude palm oil (CPO) processed will be sold to FGV, except a "small quantity" for FPI's own subsidiaries, he said.
Full story: http://www.malaysiakini.com/news/201188
Cameraman: Fendi Zulkfley
Editing: Azudin Hidzir
FPI which is 64.7 percent controlled by Koperasi Permodalan Felda (KPF), signed a contract on March 1 where all crude palm oil (CPO) processed will be sold to FGV, except a "small quantity" for FPI's own subsidiaries, he said.
Full story: http://www.malaysiakini.com/news/201188
Cameraman: Fendi Zulkfley
Editing: Azudin Hidzir