Felda had on Tuesday issued an offer document in relation to its unconditional mandatory takeover offer for all of FGV shares which it does not own, except treasury shares.
KUALA LUMPUR: The Federal Land Development Authority (Felda) has 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 showed the shares were purchased at RM1.29 each.
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