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| IPO-Boon or Bane? |
The FGV will involved the leasing of only FELDA-owned land to FGV.
As Koperasi FELDA is the biggest owner of FGV, their rights on the surface seems quite protected.
According to government sources, FELDA cannot hold on only to oil palm and rubber as their chief money earners as high prices cannot be guaranteed all the time
It added it pays for FELDA to look beyond bottom line earnings from just these two commodities and FGV is poised to go beyond this horizon by looking at other potential earning sources.
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