January 04, 2012
KUANTAN, Jan 4 — The High Court here today granted an injunction sought by four members of Koperasi Permodalan Felda Malaysia (KPF) to stop its extraordinary general meeting tomorrow that will decide the public listing of Felda Global Ventures Holding (FGVH) on the Bursa Malaysia.
The injunction was filed in Temerloh on December 23 by Rosdi Ismail, Alias Ibrahim, Abdullah Mohamad and Rakiah Sulong, seeking to block KPF’s meeting as well as its decision to dispose of its assets in Felda Holdings.
The applicants were represented by counsel Mohamad Harris Abdullah, reported Harakahdaily.
FGVH president and chief executive Datuk Sabri Ahmad has said plans to list on Bursa Malaysia in April 2012 are on track and that the company was firm in its mission to get the listing done within this time frame.
MORE TO COME
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