KUALA LUMPUR: The Federal Land Development Authority (Felda) has extended the acceptance deadline for its takeover offer of FGV Holdings Bhd
to Aug 15, 2025.
In a notice issued by Maybank Investment Bank Bhd on behalf of Felda, it said the deadline was extended from 5 pm on July 7.
As at 5pm on July 3, Felda and its parties acting in concert (PACS) collectively owned 89% of FGV’s equity, amounting to 3.24 billion shares.
Felda, along with PACs, launched its takeover offer on May 26, marking its second attempt to privatise FGV following a previous offer in 2020.
