FGV-appointed surveyor defends valuation report on luxury condos

KUALA LUMPUR (Oct 2): The surveyor appointed by FGV Holdings Bhd has today defended his valuation of the two luxury condominiums, saying that the valuation report was produced in compliance to the standard issued by the Malaysian Board of Valuers, Appraisers, Estate Agents and Property Managers.

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FGV, Tabung Haji mull up to US$1b Indonesia sale

  KUALA LUMPUR (April 24): FGV Holdings Bhd, the world’s third largest oil palm estate operator, and pilgrims fund Lembaga Tabung Haji are considering selling their plantation assets in Indonesia, in a bid to improve their financial positions, according to Bloomberg.

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Sue 1MDB’s ex-bosses, auditors — DAP lawmaker

  KUALA LUMPUR (Dec 3): The new management of 1Malaysia Development Bhd (1MDB) can take a leaf from the multiple suits brought by plantation giant FGV Holdings Bhd against its former directors, a DAP lawmaker said, in order to recover the billions of ringgit siphoned off or stolen when the previous 1MDB bosses were in charge.

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Megat Zaharuddin named Felda chairman on two-year contract

KUALA LUMPUR (July 27): Tan Sri Megat Zaharuddin Megat Mohd Nor (pictured), former chairman of the country's biggest bank, Malayan Banking Bhd (Maybank), has been named as the chairman of Federal Land Development Authority (Felda), which is believed to be valid for the next two years.

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