We are pleased to share that Azmi & Associates is representing Koperasi Permodalan FELDA Malaysia Berhad (KPF) in the divestment of its remaining equity interests in eight companies to FGV Holdings Berhad’s subsidiaries, i.e., FGV Palm Industries Sdn Bhd (FGVPI) and Felda Holdings Bhd (FHB), valued at RM229.75 million. The strategic exercise forms part of FGV’s move to consolidate its operations, and marks a significant milestone for KPF in unlocking value for its members.⁣
⁣
The transaction involved two (2) share sale and purchase agreements between KPF and FGVPI and FHB respectively, covering subsidiaries engaged in palm oil milling and plantation related businesses. Our team acting as legal counsel to KPF, providing advisory to ensure the interests of our client are protected throughout the negotiation until completion stages.⁣
⁣
This matter is led by our Partner, Sharizan Sarif and assisted by Farah Deena Azmi (Senior Associate) and Asiah Siddiqah Abdurrahman (Managing Associate). We are proud to support KPF in this meaningful corporate exercise and remain committed to delivering value-driven legal solutions to our clients.⁣
⁣
For more information on this: https://lnkd.in/g6yFxrPq⁣
⁣
Corporate Communications⁣⁣
Azmi & Associates⁣
14 June 2025⁣