2015-12-11

Dec 11 Malaysia's Felda Group plans to buy 37 percent in PT Eagle High Plantations Tbk, the plantation unit of Indonesian conglomerate Rajawali Group, in a restructured deal, Rajawali's managing director told Reuters on Friday. Under the new deal, Kuala Lumpur-listed Felda Global Ventures Holdings Bhd may take less than 10 percent in Eagle High, with the remaining stake bought by Felda Investment, a unit of Felda Group, said Rajawali's Darjoto Setyawan. ......

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