FGV Signs an MOU with China Machinery Engineering Corporation – Jointly establish EFB based paper pulp production facilities

KUALA LUMPUR 18 DEC 2018 – FGV Holdings Berhad (FGV) has signed a Memorandum of
Understanding (MoU) with the China Machinery Engineering Corporation (CMEC) with the
aim to explore the feasibility of a joint venture or other collaborations that primarily
involves the establishment of paper pulp production facilities, as well as the potential
distribution and commercialisation of the paper pulp business to the global market.

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