Felda bought 9.97 million more shares in FGV Holdings Bhd from the open market for RM12.96 million. — Picture by Choo Choy May
In a filing with Bursa Malaysia today, FGV said the shares were purchased yesterday at RM1.30 apiece.Earlier in the week, the agency bought 66 million shares via the open market at RM1.30 each for a total of RM85.8 million. This came after the agency issued its offer document on Tuesday last week in relation to its unconditional mandatory takeover offer for all the remaining shares in FGV which it does not own, except treasury shares.
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