Felda plans to take FGV private 8 years after controversial IPO

The Federal Land Authority (Felda) is reportedly planning to take FGV Holdings Berhad private, eight years after its controversial initial public offering (IPO) in 2012.

According to The Edge, Felda is offering RM658 million (RM1.30 per share) to raise its stake in FGV from 21.24 percent to 35.12 percent...