Friday, 29 Jan 2021 10:23 PM MYT
In a statement today to allay concerns expressed by certain quarters over the sale offer of FGV shares that had been issued to FGV shareholders, Felda said the takeover did not involve the personal interest of any party and was made on practicable terms. Reuters pic
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KUALA LUMPUR, Jan 29 The takeover of FGV Holdings Bhd by the Federal Land Development Authority (Felda) is a crucial step in the latter’s recovery plan that had been approved by the government for the benefit of its settlers.