THE victory by the incumbent ruling party Barisan Nasional at the recent GE13 is expected to help clear the path for several government-linked companies (GLCs) in Malaysia which have earmarked initial public offerings (IPOs) on Bursa Malaysia this year.
One such company is Felcra Bhd, previously the Federal Land Consolidation and Rehabilitation Authority, which is believed to be eyeing a listing of its new company, Felcra Holdings Bhd before year-end.
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