Series of bad decisions led to FGV's RM13.4 billion share wipeout  

A STRING of ill-advised acquisitions caused Felda Global Ventures Holdings Bhd’s (FGV) market capitalisation to plunge to a third of its peak value.

The acquisitions included FGV Cambridge Nanosystems Ltd, which produced high-grade carbon nanotubes and graphene, which lost at least RM117 million over the past four years.

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