MACC probe to continue affecting FGV shares


FGV shares were actively traded since early trade yesterday. Price went from a low of RM1.93 to a high of RM2.18 before closing 18 sen or 9.42% higher at RM2.09. FGV is the world

PETALING JAYA: Analysts expect the share price of Felda Global Ventures Holdings Bhd (FGV) to continue to be affected by ongoing investigations by the Malaysian Anti-Corruption Commission (MACC) and the probe on FGV chief executive officer (CEO) Datuk Zakaria Arshad, who stands to face disciplinary proceedings by the FGV board.

Yesterday, FGV’s share price closed seven sen lower at RM1.77 after being actively traded on Monday following changes in its top leadership.

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Business , Kenanga , FGV , shares , Zakaria ,

   

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