Felda acquires remaining 461,500 FGV shares from open market

KUALA LUMPUR: The Federal Land Development Authority (Felda) has acquired all the remaining 461,500 shares of FGV Holdings Bhd (excluding treasury shares) in the open market for RM1.30 per offer share. In a statement today, Maybank Investment Bank Bhd (Maybank IB), the principal adviser to Felda on its takeover offer for FGV shares, said the […]

Felda buys 10 mln more FGV shares from open market

KUALA LUMPUR: The Federal Land Development Authority (Felda) has bought 10 million more shares in FGV Holdings Bhd from the open market for RM13 million. In a filing with Bursa Malaysia today, FGV said the shares were purchased yesterday at RM1.30 per share. This raised the number of FGV shares acquired by Felda so far […]