By Gho Chee Yuan
Nikkei Markets
adds more details, CEO comments
KUALA LUMPUR (Feb 23) -- Malaysian state-run palm oil producer, Felda Global Ventures Holdings is looking to buy greenfield landbanks, in an effort to boost its plantation land by another 20,000 hectares, its chief executive said Friday.
The company is in initial talks with several parties for the land acquisition, Zakaria Arshad said in a media briefing in Kuala Lumpur. The company is looking to buy land in Africa, Malaysia and Indonesia, he said.