Felda moves on FGV takeover, buying 22 million shares in open market

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Felda moves on FGV takeover, buying 22 million shares in open market
Italia Ultime Notizie,Italia Notizie

Share prices slump as Felda increases stake in plan to take holding company private FMTNews Felda FGV ShareAcquisition TakeoverOffer

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Felda is offering RM1.30 a share in its mandatory takeover exercise, with the deadline set for Feb 2.

In a statement today, Maybank Investment Bank Bhd – the principal adviser to Felda on its takeover offer for FGV shares – said the shares were purchased at RM1.29 apiece.

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