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Mounting criticism for Felda's plan to strike 'expensive' Indonesian palm deal

Wednesday, December 28, 2016 - 05:50

Kuala Lumpur

MALAYSIA'S Federal Land Development Authority (Felda) came under mounting criticism on Tuesday for its plan to purchase a stake in Indonesian palm oil firm PT Eagle High Plantations Tbk in what critics have called an overpriced deal.

The state-owned Felda, which

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