KUALA LUMPUR: After a flurry of purchases by the Federal Land Development Authority (Felda) for its shares in the past few days, FGV Holdings Bhd
’s public listing journey appears to be ending, according to an economist.
Putra Business School’s Business Development senior lecturer and manager, Prof Dr Ahmed Razman Abdul Latiff said when FGV was listed in 2012 at an initial public offering (IPO) price of RM4.55, its market capitalisation was just below RM17bil.
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