FGV Holdings Bhd (FGV) has clarified that its joint venture (JV) with United Arab Emirates-based IFFCO Group remains resilient and unaffected by IFFCO’s ongoing corporate exercise.

In a statement today, FGV said the JV entity, known as FGV IFFCO Group, comprises three companies, namely FGV IFFCO Sdn Bhd, FGV IFFCO Trading Sdn Bhd and FGV IFFCO France SA.