Arbitral tribunal rules in favour of Felda in bid to sell back Eagle High stake

KUALA LUMPUR: Singapore International Arbitration Centre (SIAC) has ruled in favour of Felda-owned FIC Properties Sdn Bhd (FICP) in the company’s second attempt to exercise the ‘Put Option’ to sell its 37 per cent stake in PT Eagle High Plantations Tbk back to the Rajawali Group.

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