KUALA LUMPUR – Shares of FGV Holdings Bhd were higher in early trade today following the expression of interest from Perspective Lane (M) Sdn Bhd (PLSB) to be a shareholder via an injection of plantation assets.
PLSB is a wholly owned unit of Tan Sri Syed Mokhtar Albukhary’s privately-held Restu Jernih Sdn Bhd.
In a filing with Bursa Malaysia last week, FGV said it will explore and evaluate PLSB's proposal to be potentially its largest shareholder.
At 10.17am, shares of FGV rose two sen, or 1.80 per cent, to RM1.13 with 1.70 million shares transacted. – Bernama, October 19, 2020
FGV Holding Bhd got a boost in share prices after interest from Perspective Lane (M) Sdn Bhd (PLSB) to be a shareholder. – Pic courtesy of FGV, October 19, 2020
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