Media Release: FGV and Rajawali Mutually Agree to Discuss a Different Mode of Investment in Eagle High

KUALA LUMPUR, – Felda Global Ventures Holdings Berhad (FGV) is currently in discussion with PT Rajawali Corpora for a possible different mode of investment in Eagle High. Current market conditions and developments in the palm oil sector have made it necessary to mutually review the existing mode of investment in order to maximise the benefits for all parties involved.

FGV is committed to exploring all investment avenues. We will continue with our ongoing 5 year transformation plan, which has already begun to deliver results, and remain confident that any potential partnership will add further value to our company, smallholders, investors and community, while ensuring that we meet all financial, regulatory and social commitments as a responsible business entity.