This was following the disposal of 12 million shares on June 3 that has reduced KPF’s stake to 4.75%, FGV said in a filing with Bursa Malaysia.
KUALA LUMPUR: Koperasi Permodalan Felda Malaysia Bhd (KPF), the cooperative controlled and made up of Felda settlers, has reduced its stake in FGV Holdings Bhd
to below 5% for the first time since the plantation company went public in 2012.
This was following the disposal of 12 million shares on June 3 that has reduced KPF’s stake to 4.75%, FGV said in a filing with Bursa Malaysia.
