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Why Take Over FGV?

P. Gunasegaram, Editorial Consultant, The Vibes

11-Dec-20 07:17

Why Take Over FGV?

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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Tags:  feldaFGVpalm oilcompaniespoliticsCommodities, AgribusinessGovernment/Regulatory/Policy MakingEnvironment/SustainabilityPolitics, News, Current Affairs

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