Maybank IB extends closing date for acceptance of FGV acquisition to March 2 | Malay Mail

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KUALA LUMPUR, Feb 16 ― Maybank Investment Bank Bhd (Maybank IB) has further extended the closing time and date for the acceptance of offer from the Federal Land Development Authority (Felda) for the acquisition of FGV Holdings Bhd to 5pm on March 2, 2021 from 5pm on February 16. “We also wish...

Tuesday, 16 Feb 2021 02:19 PM MYT

“We also wish to notify the holders that the board had on Feb 5 announced that the public shareholding spread of FGV is at 23.93 per cent of the total issued FGV shares based on the record of depositors of FGV as at Feb 4,” said Maybank IB in a filing with Bursa Malaysia on behalf of Felda. Maybank IB said in the event the offerer receives valid acceptances resulting in the offerer and its associates holding in aggregate 90 per cent or more of FGV shares , an immediate announcement will be made by FGV.

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