Analysts positive on FGV paring down MSM stake

An analyst said a reduction in shareholding in MSM would enable FGV to streamline its costs better. “It would be easier to improve productivity when the scale of operations are smaller, ” he said.

PETALING JAYA: FGV Holdings Bhd’s potential disposal of part of its controlling stake in MSM Malaysia Holdings Bhd would only bode well for the group.

Analysts are of the opinion that this is a positive direction for FGV – which has grown far too big – to sell off its non-core businesses.