Advertisement
Singapore markets closed

  • Straits Times Index

    3,176.51
    -11.15 (-0.35%)
     

  • Nikkei

    37,068.35
    -1,011.35 (-2.66%)
     

  • Hang Seng

    16,224.14
    -161.73 (-0.99%)
     

  • FTSE 100

    7,891.06
    +14.01 (+0.18%)
     

  • Bitcoin USD

    64,585.00
    +651.79 (+1.02%)
     

  • CMC Crypto 200

    1,374.32
    +61.69 (+4.94%)
     

  • S&P 500

    4,994.93
    -16.19 (-0.32%)
     

  • Dow

    37,936.56
    +161.18 (+0.43%)
     

  • Nasdaq

    15,440.72
    -160.78 (-1.03%)
     

  • Gold

    2,409.00
    +11.00 (+0.46%)
     

  • Crude Oil

    83.32
    +0.59 (+0.71%)
     

  • 10-Yr Bond

    4.6170
    -0.0300 (-0.65%)
     

  • FTSE Bursa Malaysia

    1,547.57
    +2.81 (+0.18%)
     

  • Jakarta Composite Index

    7,087.32
    -79.50 (-1.11%)
     

  • PSE Index

    6,443.00
    -80.19 (-1.23%)
     

MALAYSIA PRESS-Malaysia's Felda seeks lower price for Indonesia's Eagle High-The Edge Malaysia

Reuters

Malaysian palm oil company Felda Global Ventures Holdings Bhd is looking to get a substantial discount for its proposed acquisition of Indonesia's PT Eagle High Plantations , the Edge Malaysia reported on Saturday, citing a source familiar with the matter.

The discount is expected to be more than 30 percent of the price being negotiated with PT Rajawali, The Edge reported, citing the source.

Official from Felda Global was not immediately available to comment when contacted by Reuters.

----

NOTE: Reuters has not verified these stories and does not vouch for their accuracy.

(Compiled by Kuala Lumpur newsroom; Editing by Anand Basu)