FGV shares up 2.69% on RSPO certification news
04 Jan 2018 / 11:28 H.
PETALING JAYA: Felda Global Ventures Holdings Bhd's (FGV) share price continued to rise by five sen or 2.69% this morning, following the news that it has secured Roundtable on Sustainable Palm Oil (RSPO) certification for eight mill complexes at the end of last year.
At 10.56am, the stock stood at RM1.91 with 11.37 million shares changing hands. It has a market capitalisation of RM6.93 billion.
FGV said the group is expecting more than 30 mill complexes to be certified by the end of this year.
The group is expected to certify its 70 mill complexes with RSPO and MSPO by the end of 2021.