Malaysia's Felda Global Ventures is forming a joint-venture with Hyderabad-based Pre-Unique India to expand its operations in India, including the operation of agricultural plantations.
According to a report released today by leading environmental and social justice advocates, the investment management firm TIAA is leading a trend of speculating in land markets, which drives up farmland prices and displaces family farmers.
Gabon-based OLAM Palm Gabon SA has sent 54 Gabonese settlers to undergo a four-month training at Felda land schemes in Trolak, Perak and Tekam, Pahang.
Felda Global Ventures Holdings Bhd (FGV) aims to enter into a definitive agreement for its proposed acquisition of Indonesian palm oil company PT Eagle High Plantations Tbk by October 31 this year.
- Deal Street Asia
17 Aug 2015
Peter Sondakh, the Rajawali Group chairman and chief executive officer, has set his sight on making his company a global giant in the palm oil business and sees PNG as the game changer for the industry.
State-controlled Felda Global Ventures Bhd (FGV)said it needs more land bank and has been looking outside Malaysia for some time to boost its portfolio, including Africa, Myanmar and Indonesia.
- The Malaysian Insider
26 Jun 2015
Acquisition of Eagle High Plantations includes a total land bank of 425,000ha with 67 per cent in Kalimantan and the rest spread across Papua, Sulawesi and Sumatra.
Mindanao authorities are looking at developing about a million hectares for oil palm farming and nine companies from Malaysia and Indonesia have signaled their intention to invest.
- Business World
05 Apr 2015
Betapa luas perkebunan sawit di indonesia dan di dunia, namun seberapa besar kesejahteraan rakyat yang diberikan oleh sektor ini? Sangat sedikit kalau tak boleh dikatakan sebaliknya, bisnis industri minyak sawit kerap memperparah kemiskinan yang ada.
The proposed laws to restrict foreign ownership of plantations in Indonesia is not a deterrent to Felda Global Ventures Holdings Bhd’s plans to expand its operations in that country.
Felda hopes to acquire New Britain Palm Oil Ltd, which has 77,000ha of oil palm plantations, 7,700ha of sugar cane plantations and 9,200ha of grazing pastures in Papua New Guinea.
FELDA Global Ventures Holdings Bhd (FGV) is scouting for oil palm land in the Asean region, Cameroon and Nigeria.
- Business Times
27 Aug 2013