Felda to spend RM620mil for the takeover of FGV


PETALING JAYA: After a failed attempt five years ago, the Federal Land Development Authority (Felda) is taking another shot to privatise FGV Holdings Bhd in a move that could cost Felda more than RM600mil.

Felda is offering to buy out minority shareholders at RM1.30 per share – the same price offered in the failed takeover attempt in 2020.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
FGV , Felda , privatisation , plantation

Next In Business News

Sunway to proceed with RM11bil takeover of IJM
KIP-REIT expects higher footfall across its malls
Oxford Innotech wins RM4.8mil data centre job
Suria Capital appoints Abd Rahman Dahlan as chairman
Ringgit closes higher amid US-EU tariff concerns, easing Japanese government bonds
Shin Yang secures RM117.7mil vessel deal
UOA REIT reports threefold profit increase in 4Q25
Perak Transit appoints Ismail Jamal as general manager
Pantech cautiously positive on outlook
AmBank Group provides RM103.8mil financing for Kedah solar project

Others Also Read