Bursa Malaysia Bhd announced that the trading in the securities relating to FGV Holdings Bhd will be suspended with effect from 9am, Aug 25, 2025, pursuant to Paragraph 16.02(3) of the Main Market Listing Requirements (LR).
In a filing today, FGV said that the company had submitted an application to Bursa Securities last Friday for the withdrawal of FGV’s listing status from the official list of Bursa Securities, in accordance with paragraph 16.07(a) of the LR.
In a separate filing, it said the Federal Land Development Authority (Felda), together with parties acting in concert (PACs) are holding more than 90 percent of the FGV shares, and Felda does not intend to maintain the listing status of FGV on the Main Market of Bursa Securities.
“Thereafter, Felda will procure FGV to take the requisite steps to withdraw its listing status from the Official List in accordance with paragraph 16.07 of the LR,” it said.
According to earlier reports, Felda, together with the PACs, had successfully acquired 94.97 percent of the total issued shares of FGV, comprising 3.46 billion shares, paving the way for FGV's delisting from Bursa's Main Market.
- Bernama
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