Felda acquires remaining FGV shares


KUALA LUMPUR: The Federal Land Development Authority (Felda) (pic) has acquired all the remaining 461,500 shares of FGV Holdings Bhd (excluding treasury shares) in the open market for RM1.30 per offer share.

In a statement yesterday, Maybank Investment Bank Bhd (Maybank IB), the principal adviser to Felda on its takeover offer for FGV shares, said the shares were purchased on Tuesday. ─ Bernama

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

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