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KUALA LUMPUR: Malaysia plans to revisit its approach to agriculture by modernising the sector and adopting smart farming to boost farmers’ income and advance the sector.
IN the latest twist in the Federal Land Development Authority (Felda)-FGV Holdings Bhd saga, the former has laid out a plan to launch a mandatory takeover offer (MGO) for all FGV shares.
THE Federal Land Development Authority (Felda) on Tuesday signed a conditional share purchase agreement with Retirement Fund Inc and Urusharta Jammah Sdn Bhd to acquire a total of 13.88% stake in FGV Holdings Bhd.
Offer price of RM1.30 a viable option, say analysts
KUALA LUMPUR: Public Bank underpinned the FBM KLCI’s strong close on Wednesday as investors cheered its historic four bonus shares for each share held.
KUALA LUMPUR: Shares of FGV Holdings Bhd fell to a low of RM1.23 on Wednesday as investors were disappointed with Felda’s takeover offer price of RM1.30 a share, though analysts described it as fair.
KUALA LUMPUR: Public Bank, FGV, Gamuda and Inix are among the stocks to watch on Wednesday following their corporate announcements, JF Apex Research said.