FGV announced that the discussion for a possible different mode of investment in PT Eagle High (BWPT IJ) may comprise, amongst others, potential joint venture, off take agreement or other form of mutually agreed collaborations. The announcement added that a conclusive mode of investment in BWPT would be announced in 2016. (Bursa Malaysia)

Comment: It remains to be seen what the final mode of investment in BWPT will be and how the final mode will enhance values for shareholders both in the short and long term. FGV is currently rated at SELL with a target price of RM1.26.

Source: Affin Hwang Capital Research - 2 Dec 2015