Why Take Over FGV?
P. Gunasegaram, Editorial Consultant, The Vibes
11-Dec-20 07:17
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Felda announced this week that it is planning to make a mandatory takeover offer to FGV's minority shareholders, at an offer price of RM1.30 per share. The move has raised questions over Felda's intentions, as well as whether FGV's listing status will be maintained. We ask P. Gunasegaram, Editorial Consultant at The Vibes, to give us his take on the issue, as well as some background on the relationship between Felda and FGV.
Image Credit: Amy Rosie / Shutterstock.com
Produced by: Sim Wie Boon
Presented by: Wong Shou Ning
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Categories: Environment, Science, Politics, Social Issues, Trends and Forecasts, Markets, law & legal matters, Investments
Tags: felda, FGV, palm oil, companies, politics,