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Felda: FGV takeover crucial to recovery plan | Malay Mail

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KUALA LUMPUR, Jan 29 — The takeover of FGV Holdings Bhd by the Federal Land Development Authority (Felda) is a crucial step in the latter’s recovery plan that had been approved by the government for the benefit of its settlers. In a statement today to allay concerns expressed by certain...

In a statement today to allay concerns expressed by certain quarters over the sale offer of FGV shares that had been issued to FGV shareholders, Felda said the takeover did not involve the personal interest of any party and was made on practicable terms. — Reuters pic

In a statement today to allay concerns expressed by certain quarters over the sale offer of FGV shares that had been issued to FGV shareholders, Felda said the takeover did not involve the personal interest of any party and was made on practicable terms. It added that the support of Felda staff, settlers and its whole population would definitely be one of the major factors in the success of the endeavour.

 

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