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ESG risks make Felda IPO ‘worse than Facebook’ – Profundo

2012-06-26 | Malaysia
By: Environmental Finance ($)
Contact:

beatrijs@banktrack.org

2012-06-26 | Malaysia
By: Environmental Finance ($)
Contact:

beatrijs@banktrack.org

Investors in Malaysian palm oil firm Felda face poorly-disclosed environmental, social and governance (ESG) risks, according to Dutch economic research consultancy Profundo, which warns Felda's listing this week "may turn out worse than Facebook's".