KUALA LUMPUR, Jan 15 -- The Federal Land Development Authority (Felda) bought 5.15 million shares of FGV Holdings Bhd from the open market yesterday in the quest to take over the plantation company.
In a filing with Bursa Malaysia today, FGV said the shares were purchased at RM1.29 apiece.
On Jan 12, Felda issued an offer document in relation to its unconditional mandatory take-over offer for all remaining shares in FGV which it does not own, except treasury shares.
Its offer of RM1.30 per share will be open for acceptances until 5pm on Feb 2, unless extended or revised with an announcement to be made by Maybank IB two days prior to the closing date.
-- BERNAMA
BERNAMA provides up-to-date authentic and comprehensive news and information which are disseminated via BERNAMA Wires; www.bernama.com; BERNAMA TV on Astro 502, unifi TV 631 and MYTV 121 IFLIX channels and BERNAMA Radio on FM93.9 (Klang Valley), FM107.5 (Johor Bahru), FM107.9 (Kota Kinabalu) and FM100.9 (Kuching) frequencies.
Follow us on social media :
Facebook : @bernamaofficial, @bernamatv, @bernamaradio
Twitter : @bernama.com, @BernamaTV, @bernamaradio
Instagram : @bernamaofficial, @bernamatvofficial, @bernamaradioofficial
TikTok : @bernamaofficial
© 2024 BERNAMA • Disclaimer • Privacy Policy • Security Policy