FGV secures shareholder nod for RM229.8mil subsidiary buyout


FGV Holdings Bhd chairman Tan Sri Rastam Mohd Isa (fifth from left) holding FGV’s Annual Integrated Report 2024 alongside the Board of Directors at its AGM.

KUALA LUMPUR: FGV Holdings Bhd has secured shareholders' approval to acquire the remaining equity interests in eight subsidiaries from Koperasi Permodalan FELDA Malaysia Bhd (KPF) for RM229.8 million to consolidate its corporate structure.

The approval was granted during the company's extraordinary general meeting on June 26, following its 17th annual general meeting on the same day.

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