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THE government, on Wednesday, launched a sixth stimulus package since March last year, as policymakers concentrate on targeted measures to boost the economy hammered by the pandemic
Given that delisting risks remain for FGV Holdings Bhd (FGV), CGS-CIMB Research is keeping a “hold” call on the planter with a target price of RM1.30 premised on the previous takeover offer price and in anticipation that the Federal Land Development Authority (Felda) would still pursue a delisting.
KUALA LUMPUR: JF Apex Research expects My E.G Services Bhd, Time dotCom Bhd, United Malacca Bhd, Complete Logistic Services Bhd, Berjaya Corp Bhd, Daya Materials Bhd and FGV Holdings Bhd to be among the stocks to watch on Wednesday.
FGV’s leased palm oil mills and estates to be integrated with Felda’s other estates
KUALA LUMPUR: FGV Holdings Bhd said it controlling shareholder, the Federal Land Development Authority (Felda), needed more time to formulate a plan on the group's listing status after failing to obtain sufficient shares to delist the company.
KUALA LUMPUR: Shares in FGV Holdings Bhd jumped over 17% in early trade Tuesday after the Federal Land Development Authority (Felda) failed in its bid to take FGV private at RM1.30 per share.
KUALA LUMPUR: Stocks to watch on Tuesday include BCM Alliance Bhd, Kelington Group Bhd, Cypark Resources Bhd, Xin Hwa Holdings Bhd, Axis Real Estate Investment Trust, Techfast Holdings Bhd and FGV Holdings Bhd, according to JF Apex Research.
Summary of business stories - Top Glove, Penjana, millennial, UEM Sunrise, Chin Hin, FGV
KUALA LUMPUR (Bernama) -- The government is on the right track in the effort to restore the financial position of the Federal Land Development Authority (Felda) by 2023.