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Felda required to get shareholder nod for $238m Zhong Ling Nutri-Oil deal in China

( March 8, 2016, 09:10 GMT | Official Statement) -- MLex Summary: Bursa Malaysia Securities has required Felda Global Ventures to secure shareholder approval for its planned acquisition of a 55-percent stake in China's Zhong Ling Nutri-Oil for 976.25 million ringgit ($237.9 million). The acquisition also requires approval from Bank Negara Malaysia and Malaysia's Ministry of Finance....

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