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The Jakarta Post
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Economy in brief: M’sia’s Felda acquires 37% of Eagle High

  • The Jakarta Post

Jakarta | Fri, April 21 2017 | 12:19 am

Malaysian Felda Investment Corporation (FIC) Properties Sdn Bhd, a special purpose vehicle of the Federal Land Development Authority (Felda), has acquired 37 percent of the shares of PT Eagle High Plantation, owned by Peter Sondakh’s Rajawali Group.“We hope this partnership will further cement stronger bilateral ties between Malaysia and Indonesia to move forward the agenda of the recently est...

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