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KUALA LUMPUR: The Federal Land and Development Authority (Felda) continued to raise its stake in FGV Holdings Bhd with the purchase of 5.147 million shares on Thursday.
KUALA LUMPUR: The Federal Land Development Authority (Felda) bought 22 million shares of FGV Holdings Bhd from the open market on Wednesday as it moves closer to take over the plantation company.
KUALA LUMPUR: The Federal Land Development Authority (Felda) has issued an offer document in relation to its unconditional mandatory takeover offer for all remaining ordinary shares in FGV Holdings Bhd which it does not own, except treasury shares.
PETALING JAYA: Plantation giant FGV Holdings Bhd has appointed RHB Investment Bank Bhd as its independent adviser, following the takeover offer by Federal Land Development Authority (Felda).
THE Federal Land Development Authority on Tuesday said it intended to take FGV Holdings Bhd private after its takeover offer of RM1.30 became unconditional.
KUALA LUMPUR: Bursa Malaysia ended the morning session on a firm note, with the key index staying in positive territory as sentiment in the market recovered following rising hope for a COVID-19 vaccine.
KUALA LUMPUR: FGV Holdings Bhd’s shares jumped over 8% in early trade Wednesday following the Federal Land Development Authority’s (Felda) mandatory takeover offer.
PETALING JAYA: The Federal Land Development Authority (Felda) has launched a mandatory takeover offer for all the remaining shares in FGV Holdings Bhd that it did not already hold for a cash consideration of RM1.30.