Odds of delisting FGV high

Pending further action from Felda, Public Investment Bank (PIVB) Research in its latest note to clients is also maintaining a “neutral” call on FGV with an unchanged TP of RM1.56.

PETALING JAYA: The delisting risks of FGV Holdings Bhd will remain a concern among plantation analysts.

This is given its major shareholder Federal Land Development Authority’s (Felda) intention not to maintain the listing status of the planter.