Trending News: Bursa Malaysia 3Q Net Profit Rises 42 Pct To RM85.7 MlnXsolla-AurumDust Alliance Drives Real-world ChangeMavenir Supports O-RAN ALLIANCE Report On Spectrum Aggregation In Multi-vendor DeploymentsPublic Mutual Declares Distributions Of Over RM94 Mln For Four FundsICEF2024: Initiative Towards Green Transformation RealisationYTL Power Clarifies 1BestariNet Project Secured Via Open TenderUS Tariffs On China To Have Mixed Impact On ASEAN Economies — OCBCFGV Holdings To Loan RM260 Mln To Subsidiary For Capital ExpenditureNavigational Error, Ship Obsolescence Contributed To KD Pendekar’s Sinking – TLDM Investigation BoardThree Chinese Pickpockets Arrested At KlIA Terminal 1 On Friday To Be Charged TomorrowPDRM In Unison With Other Agencies To Stop Drug Trafficking – JSJN DirectorLeaders Of Non-performing Sports Step Down – Negeri MBIndonesian Drug Trafficker Arrested, Over 5kg Of Drugs SeizedThree Arrested, 20kg Of Syabu Worth RM640k Seized In PenangDamansara Specialist 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Fertiliser Supply Cartel Involving RM1.8 BillionTwo Men Arrested, Drugs Worth Almost RM11 Mln SeizedWST 2040 To Boost Malaysia’s GDP And Water Sector Growth – DPM FadillahMalaysia Sees Significant Increase In Female Board Representation – NancyKUAM 2024 Involves 488 Participants, Various AircraftDeepavali: JSPT Deploys 2,752 personnel To Manage Traffic FlowEvents, Programs Organised Will Focus On Country’s ASEAN Chairmanship, VMY2026 – KLTASenior Officer Charged With Failing To Report BriberyFIM Proceedings To Be Compiled, Published As Reference – ZambryInternational Student Jailed 30 Years, 12 Whipping For Drug TraffickingMaxis Celebrates Deepavali With 165 MySkills Foundation StudentsComplaints On SK Presint 16 Infrastructure Being Looked Into – PM AnwarGovt Urged To Make Sabah Tourism, Flight Transit Hub To Boost State EconomyCavli Wireless Recognized As A Nasscom Emerge 50 Innovator For 2024, Championing ‘Made In India’ Deep Tech Solutions To Drive Global IoT And Wireless 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sept 2024 – KUSKOPBlack and Veatch Touts Sustainable Water Management Practices At IMARC 2024Juwai IQI: Chinese Capital Moving Away From G7 Economies, Coming Back To AsiaKorean Eggdrop Gains Notoriety For Production Support Of Two Chart-topping K-dramasKhazanah, PNB Secure RM3.1 Mln From Fashionvalet Share Sale – MoFTargeted Subsidies: Govt To Continue Protecting Interests Of 85 Pct Population – PMMOSTI To Continue Empowering Malaysia Techlympics, STEM ProgrammesEV Charging Stations To Double To 4,000 Next Year – FadillahMelaka KPDN Nab Trader Selling Subsidised Cooking Oil To RestaurantsBlack and Veatch Promotes Sustainable Water Management Practices at the International Mining and Resources Conference (IMARC) 2024TNB First GLC To Raise Minimum Wage To RM1,700 – PM AnwarEGGDROP Gains Attention for Production Support of Global Hit Dramas ‘Love Next Door’ and ‘Romance in the House’Tengku Hassanal Wants Aspiring Teachers To Show Total Commitment, DedicationKing Confers ATM Gallantry Awards On 100 Recipients TodayCall For Express Bus Operators To Apply For Increase In Monthly Diesel Subsidy QuotaVeea, O.N.E. Amazon, and AECOM Collaborate to Create the Internet of Forests (IoF), a Hybrid Edge-Cloud Computing Solution to Protect the Rainforest Biome and Empower Local Communities
Thu. Oct 31st, 2024
Trending News: Bursa Malaysia 3Q Net Profit Rises 42 Pct To RM85.7 MlnXsolla-AurumDust Alliance Drives Real-world ChangeMavenir Supports O-RAN ALLIANCE Report On Spectrum Aggregation In Multi-vendor DeploymentsPublic Mutual Declares Distributions Of Over RM94 Mln For Four FundsICEF2024: Initiative Towards Green Transformation RealisationYTL Power Clarifies 1BestariNet Project Secured Via Open TenderUS Tariffs On China To Have Mixed Impact On ASEAN Economies — OCBCFGV Holdings To Loan RM260 Mln To Subsidiary For Capital ExpenditureNavigational Error, Ship Obsolescence Contributed To KD Pendekar’s Sinking – TLDM Investigation BoardThree Chinese Pickpockets Arrested At KlIA Terminal 1 On Friday To Be Charged TomorrowPDRM In Unison With Other Agencies To Stop Drug Trafficking – JSJN DirectorLeaders Of Non-performing Sports Step Down – Negeri MBIndonesian Drug Trafficker Arrested, Over 5kg Of Drugs SeizedThree Arrested, 20kg Of Syabu Worth RM640k Seized In PenangDamansara Specialist Hospital 2 Launches Less Scars, Less Pain CampaignPolice To Verify Authenticity Of M’sian Identity Card, Driving Licence Found In Ukraine – IGPAyob Khan Warns Public Against Impersonators On WhatsAppParliament: Ministers’ Question Time To Be Answered By Ministers Throughout NovemberAmBank contributes RM350,000 to empower the visually impaired in collaboration with Malaysian Association for the BlindMPs Urge To Strengthen National Defence System In Light Of Current Geopolitical TensionsMedia Urged To Comply With Act 611 In Reporting On ChildrenSarawak Primary School Heads Urged To Register Students For YSISS Entrance AssessmentsDBKL Urged To Develop Common Utility Tunnel System To Enhance Underground MaintenanceBudget 2025 Helps Boost Public Housing FacilitiesJPM Considering Phased Installation Of CCTV At Civil Servants Quarters In PutrajayaCPO Futures Hit Two-Year High On Bullish Sentiment, Strong ExportsCyber Threats Targeting Malaysian Users Remain High – KasperskyMACC Exposes Fertiliser Supply Cartel Involving RM1.8 BillionTwo Men Arrested, Drugs Worth Almost RM11 Mln SeizedWST 2040 To Boost Malaysia’s GDP And Water Sector Growth – DPM FadillahMalaysia Sees Significant Increase In Female Board Representation – NancyKUAM 2024 Involves 488 Participants, Various AircraftDeepavali: JSPT Deploys 2,752 personnel To Manage Traffic FlowEvents, Programs Organised Will Focus On Country’s ASEAN Chairmanship, VMY2026 – KLTASenior Officer Charged With Failing To Report BriberyFIM Proceedings To Be Compiled, Published As Reference – ZambryInternational Student Jailed 30 Years, 12 Whipping For Drug TraffickingMaxis Celebrates Deepavali With 165 MySkills Foundation StudentsComplaints On SK Presint 16 Infrastructure Being Looked Into – PM AnwarGovt Urged To Make Sabah Tourism, Flight Transit Hub To Boost State EconomyCavli Wireless Recognized As A Nasscom Emerge 50 Innovator For 2024, Championing ‘Made In India’ Deep Tech Solutions To Drive Global IoT And Wireless ConnectivityBatik Air To Launch 10 KL-Bintulu, 14 KL-Miri Flights Weekly From Nov 1AKSB Orders Immediate Deployment Of Water Tankers To Recycling Site For Fire-Fighting OperationIpoh Loud Bang Remains A Mystery, Probe Ongoing – Deputy IGPFBM KLCI Futures End Mostly HigherHalal Certification Awareness On The Rise – Mohd Na’imBody Of Drowned Man Found In Pasir Bisik, Sungai PetaniBudget 2025 Maintains Gradual Fiscal Consolidation Approach – Fitch Ratings60 Per Cent Of Fire At Recycling Collection Site ExtinguishedS’wak To Conduct Feasibility Study On Ocean Thermal Energy In Miri Waters – Abang JohariBina Puri Holdings Completes RM73 Mln Credit Financing From MBSB BankJuru-Sungai Dua Elevated Highway Project To Start Next Year – ChowAction Taken Against 37,804 Commercial Vehicles As Of September – N.Sembilan JPJMBI PBT First To Implement Anti-corruption Strategy – Ipoh MayorJKDM Seize 105kg Methamphetamine Hidden In Chinese Tea Packets707 Malaysian Victims Of Overseas Job Scams Rescued, Dewan Rakyat ToldWater Sector Transformation To Drive Employment, Foreign Investment In Malaysia – FadillahDubai Philanthropist Anosh Ahmed Donates 10 Mln GBP To Lebanon’s Vulnerable CommunitiesNCEC Agrees To Use Steel Slag In High-impact Economic SectorsSuria KLCC Welcomes Visitors To Colours Of Deepavali, Attractive Rewards For ShoppersENCORP Spreads Festive Joy with 500 Packs of Deepavali Signature TreatsIOI Properties To Develop RM12 Bln Rio City Over 12 YearsCommunity-focused Approach Seen As Key To Improving Drug Recovery RateSEAcare Set For April Next Year, Marks Its 25th EditionParliament To Debate Targeted Subsidies For RON95 And Dividend Tax ImplementationAlert-level Hot Weather Recorded In Telupid, Lundu, And Kuching – MetMalaysiaKotex Malaysia #SheCan Fund Winner Wants To Hold First Women Only AI Festival, HackathonGovt Allocates Over RM83 Mln For Stage Bus Programme In MelakaTwo More GISBH Followers To Be Charged Tomorrow – IGPShift In Urban Planning, Development Needed – Fadillah44-Year-Old Man, Underage Teen Nabbed In Connection With Abandoned BabyRamanan Urges Indian Community To Unite And Benefit Fully From Gov’t InitiativesGISBH: 424 Children In Rehab Programme To Be Assessed PeriodicallyBursa Malaysia Ends Morning Session In Positive TerritoryWaving Foreign Flags: Perak Police Refer To D5 Bukit AmanKunafa Brings A Unique Twist To Deepavali DessertsPAS Leaders Summoned Over Teluk Intan RallyMohd Yusoff Appointed Kelantan Police ChiefStable Prices Expected Following September PPI Decline – MIDFMechanism For Targeted RON95 Subsidy Still Being Refined By MOFVeea Teams Up With O.N.E Amazon, AECOM To Deploy The Internet Of Forests In ColombiaMITI To Continue Engaging With US Authorities On Solar Export Tariff HikeseXp Realty Expands Into Three Markets Next Year To Solidify Global PresenceSME Bank Unveils Sustainability Roadmap 2.0, Targets RM10 Bln In Sustainable Financing By 2030Govt Channels RM6.35 Bln Financing To Over 260,000 Entrepreneurs Until sept 2024 – KUSKOPBlack and Veatch Touts Sustainable Water Management Practices At IMARC 2024Juwai IQI: Chinese Capital Moving Away From G7 Economies, Coming Back To AsiaKorean Eggdrop Gains Notoriety For Production Support Of Two Chart-topping K-dramasKhazanah, PNB Secure RM3.1 Mln From Fashionvalet Share Sale – MoFTargeted Subsidies: Govt To Continue Protecting Interests Of 85 Pct Population – PMMOSTI To Continue Empowering Malaysia Techlympics, STEM ProgrammesEV Charging Stations To Double To 4,000 Next Year – FadillahMelaka KPDN Nab Trader Selling Subsidised Cooking Oil To RestaurantsBlack and Veatch Promotes Sustainable Water Management Practices at the International Mining and Resources Conference (IMARC) 2024TNB First GLC To Raise Minimum Wage To RM1,700 – PM AnwarEGGDROP Gains Attention for Production Support of Global Hit Dramas ‘Love Next Door’ and ‘Romance in the House’Tengku Hassanal Wants Aspiring Teachers To Show Total Commitment, DedicationKing Confers ATM Gallantry Awards On 100 Recipients TodayCall For Express Bus Operators To Apply For Increase In Monthly Diesel Subsidy QuotaVeea, O.N.E. Amazon, and AECOM Collaborate to Create the Internet of Forests (IoF), a Hybrid Edge-Cloud Computing Solution to Protect the Rainforest Biome and Empower Local Communities
Thu. Oct 31st, 2024

FGV Holdings To Loan RM260 Mln To Subsidiary For Capital Expenditure


KUALA LUMPUR, FGV Holdings Bhd (FGVH) has entered into a loan agreement with its 72 per cent owned subsidiary, FGV Palm Industries Sdn Bhd (FGVPI), to provide RM260 million for financing FGVPI’s capital expenditure requirements.

FGVPI is a private limited company incorporated in Malaysia on Sept 14, 1955, with an issued share capital of RM422.59 million.

‘The principal activities of the company are investment holding, the provision of tolling services related to the processing of fresh fruit bunches into crude palm oil and palm kernel and sale of by-products from the tolling activities,’ FGVH said in a filing with Bursa Malaysia today.

FGVPI is owned 72 per cent by Felda Holdings Bhd and 28 per cent by Koperasi Permodalan Felda Malaysia Bhd.

Source: BERNAMA News Agency

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