KUALA LUMPUR: The Federal Land Development Authority (Felda) bought 41 million FGV Holdings Bhd shares from the open market on Monday.
A filing with Bursa Malaysia showed Felda bought the shares of the plantation company for RM53.3mil or at the takeover offer price of RM1.30.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!