TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : RELATED PARTY TRANSACTIONS FGV HOLDINGS BERHAD ("FGV" OR "COMPANY") (I) PROPOSED ACQUISITIONS BY FGV PALM INDUSTRIES SDN BHD ("FGVPI"), AN INDIRECT 72%-OWNED SUBSIDIARY OF FGV, OF THE REMAINING EQUITY INTEREST IN THREE (3) NON-WHOLLY OWNED SUBSIDIARIES OF FGVPI; AND (II) PROPOSED ACQUISITIONS BY FELDA HOLDINGS BHD ("FHB"), A WHOLLY-OWNED SUBSIDIARY OF FGV, OF THE REMAINING EQUITY INTEREST IN FIVE (5) NON-WHOLLY OWNED SUBSIDIARIES OF FHB (COLLECTIVELY REFERRED TO AS "PROPOSED ACQUISITIONS")
| FGV HOLDINGS BERHAD |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) RELATED PARTY TRANSACTIONS |
| Description | FGV HOLDINGS BERHAD ("FGV" OR "COMPANY")
(I) PROPOSED ACQUISITIONS BY FGV PALM INDUSTRIES SDN BHD ("FGVPI"), AN INDIRECT 72%-OWNED SUBSIDIARY OF FGV, OF THE REMAINING EQUITY INTEREST IN THREE (3) NON-WHOLLY OWNED SUBSIDIARIES OF FGVPI; AND
(II) PROPOSED ACQUISITIONS BY FELDA HOLDINGS BHD ("FHB"), A WHOLLY-OWNED SUBSIDIARY OF FGV, OF THE REMAINING EQUITY INTEREST IN FIVE (5) NON-WHOLLY OWNED SUBSIDIARIES OF FHB
(COLLECTIVELY REFERRED TO AS "PROPOSED ACQUISITIONS") |
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On behalf of the Board of Directors of FGV (“Board”), Maybank Investment Bank Berhad (“Maybank IB”) wishes to announce that the Company proposes to undertake the Proposed Acquisitions.
This announcement is dated 23 May 2025. |
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Please refer attachment below.
Announcement Info
| Company Name | FGV HOLDINGS BERHAD |
| Stock Name | FGV |
| Date Announced | 23 May 2025 |
| Category | General Announcement for PLC |
| Reference Number | GA1-23052025-00037 |