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.
KUALA LUMPUR, Jan 22 The Federal Land Development Authority (Felda) bought 9.97 million more shares in FGV Holdings Bhd from the open market for RM12.96 million. In a filing with Bursa Malaysia today, FGV said the shares were purchased yesterday at.
The Federal Land Development Authority (FELDA) bought 22 million shares in FGV Holdings Bhd in the open market yesterday for RM28.38 million as part of its efforts to take the plantation company private. The shares were bought at RM1.29 per share, slightly lower than the RM1.30 cash offer FELDA made for FGV shares, according to a statement from Maybank Investment Bank (Maybank IB).
KUALA LUMPUR, Jan 12 The Federal Land Development Authority (Felda) has issued an offer document in relation to its unconditional mandatory take-over offer for all remaining ordinary shares in FGV Holdings Bhd which it does not own, except treasury shares. In a Bursa Malaysia filing today,.