FGV gets extension to comply with public spread requirement

KUALA LUMPUR: FGV Holdings Bhd has been granted a further extension of six months by Bursa Securities until March 2, 2024 to comply with the public shareholding spread requirement.

“As of Aug 22, the public shareholding spread of the company was at 13.09%,” FGV said in a filing with Bursa Malaysia.

FGV said it will continue to make the quarterly announcements on the status of its efforts to comply with the public spread requirement in compliance with the listing requirements.

FGV closed up one sen to RM1.37 with 163,600 shares traded.