Felda offers RM1.30 per FGV share, closing date on Feb 2

In a filing with Bursa Malaysia, FGV said the cash offer of RM1.30 per share would be opened for acceptances until 5pm on Feb 2,2021, unless extended or revised with an announcement to be made by Maybank Investment Bank Bhd (Maybank IB) two days prior to the closing date

KUALA LUMPUR: The Federal Land Development Authority (Felda) has issued an offer document in relation to its unconditional mandatory takeover offer for all remaining ordinary shares in FGV Holdings Bhd which it does not own, except treasury shares.

In a filing with Bursa Malaysia, FGV said the cash offer of RM1.30 per share would be opened for acceptances until 5pm on Feb 2,2021, unless extended or revised with an announcement to be made by Maybank Investment Bank Bhd (Maybank IB) two days prior to the closing date.