Felda buys 10 million more FGV shares

TheStar Thu, Jan 21, 2021 08:20am - 3 years View Original


This raised the number of FGV shares acquired by Felda so far this week to 51 million shares. On Monday, the agency bought 41 million shares via the open market for RM53.3mil, or RM1.30 each.

KUALA LUMPUR: The Federal Land Development Authority (Felda) has bought 10 million more shares in FGV Holdings Bhd from the open market for RM13mil.

In a filing with Bursa Malaysia, FGV said the shares were purchased at RM1.30 per share on Tuesday.

This raised the number of FGV shares acquired by Felda so far this week to 51 million shares. On Monday, the agency bought 41 million shares via the open market for RM53.3mil, or RM1.30 each.

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