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Felda given two-year moratorium, says Tok Pa
THE Federal Land Development Authority (Felda) has been given a two-year moratorium on loan repayments due to its financial and liquidity issues, the Dewan Rakyat heard.
Tok Pa: Felda's debts currently stand at RM10.7bil
KUALA LUMPUR: The debts of the Federal Land Development Authority (Felda) currently stand at RM10.7bil, says Minister in the Prime Minister's Department (Economy) Datuk Seri Mustapa Mohamed.
Is FGV’s proposed takeover price fair?
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.
Felda’s proposed takeover of FGV to cost RM3.1bil
Offer price of RM1.30 a viable option, say analysts
FGV falls below Felda takeover offer price
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.
CGS-CIMB Research retains Hold for FGV with higher TP of RM1.34
KUALA LUMPUR: CGS-CIMB Research retains Hold for FGV Holdings Bhd with a higher target price of RM1.34 from its earlier RM1.21 on higher earnings outlook though there were some concerns about the potential corporate exercise with FELDA.
Status quo on lease termination notice
FGV mills acquisition on willing buyer, willing seller basis
Why taking FGV private is the best option
LISTED on June 28,2012, FGV Holdings Bhd was then the world’s second-largest public issue for the year, having successfully raised RM10.4bil, and was ranked as the 25th largest market capitalisation company on Bursa Malaysia with a value of more than RM16bil.