Felda listing to go on without KPF

By Lee Wei Lian

April 25, 2012

Isa said there is insufficient time to hammer out details with KPF if the FGVH listing is to make the target listing date. — Picture by Choo Choy May

KUALA LUMPUR, April 25 — The ongoing listing exercise of Felda Global Ventures Holdings (FVGH) will proceed without Koperasi Permodalan Felda’s (KPF) participation in order to meet the listing deadline, said the federal land authority today.

Felda chairman Tan Sri Isa Abdul Samad said today that while KPF has finally agreed to the listing, there is not enough time to discuss the terms and conditions before the target listing date of within the May-June period.

“If we miss the deadline, we have to start all over again,” he said in a press conference. “We can’t be late. This is the best time.”

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