FGV acquired FELDA’s 49% stake in Felda Holdings Berhad (FHB) for RM1.57 billion. FHB owns 72% of Felda Palm Industries Sdn. Bhd., which in turn owns and operates 68 palm oil mills. FGVHSB acquired 50% equity interest in FELDA IFFCO Sdn. Bhd. (a joint venture with IFFCO Holdings ...