# FIC to take majority stake in Eagle High - The Malaysian Reserve

> Felda Investment Corp is expected to take a majority stake in PT Eagle High Plantations under a restructured deal, with parent FGVH reducing its role to an interest of under 10 percent. The original proposal was a 37 percent stake for US$680 million, and the deal is about to be signed.

- Date: 2017-04-03 · published 2017-04-03T12:00:00.000Z
- Category: trade · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/6874-fic-to-take-majority-stake-in-eagle-high-the-malaysian-reserve
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

The deal adds palm plantation acreage in Indonesia but does not add supply in the near term, so its direct price effect on palm oil is limited.

## Read by commodity

- PALMOIL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2021-06-08 | [WTO to Review Malaysia-EU Palm Oil Spat. What Happens Next? – The Diplomat](https://feedsoft.ai/events/46595-wto-to-review-malaysia-eu-palm-oil-spat-what-happens-next-the-diplomat.md) | -11.7% | -7.3% |
| PALMOIL | 2019-08-20 | [Malaysia set to outpace Indonesian palm oil exports to India - Business - The Jakarta Post](https://feedsoft.ai/events/57466-malaysia-set-to-outpace-indonesian-palm-oil-exports-to-india-business-the.md) | +1.6% | +4.4% |
| PALMOIL | 2021-06-23 | [Laman Web Rasmi KPK - SAWIT: Malaysia overtakes Indonesia as top palm oil exporter to India](https://feedsoft.ai/events/46460-laman-web-rasmi-kpk-sawit-malaysia-overtakes-indonesia-as-top-palm-oil-exporter.md) | +0.8% | +8.9% |
| PALMOIL | 2023-01-09 | [Indonesia and Malaysia agree to fight "discrimination" against palm oil \| Reuters](https://feedsoft.ai/events/15767-indonesia-and-malaysia-agree-to-fight-discrimination-against-palm-oil-reuters.md) | -2.4% | -2.5% |
| PALMOIL | 2019-07-15 | [Malaysia to file WTO complaint on EU's palm oil curb by November](https://feedsoft.ai/events/57978-malaysia-to-file-wto-complaint-on-eu-s-palm-oil-curb-by-november.md) | +0.9% | +9.1% |

## Sources

- themalaysianreserve.com: https://themalaysianreserve.com/2017/04/03/fic-to-take-majority-stake-in-eagle-high/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.