Felda buys 22m FGV shares from open market


Felda bought 22 million shares of FGV Holdings Bhd from the open market on Wednesday.

KUALA LUMPUR: The Federal Land Development Authority (Felda) bought 22 million shares of FGV Holdings Bhd from the open market on Wednesday as it moves closer to take over the plantation company.

A filing with Bursa Malaysia on Thursday showed the shares were purchased at RM1.29 each.

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