Highlights
KLSE: FGV (5222)       FELDA GLOBAL VENTURES HOLDINGS BHD MAIN : Plantations
Last Price Today's Change   Day's Range   Trading Volume
1.30   0.00 (0.00%)  1.30 - 1.31  3,051,100
Trade this stock with 3 x trading limit. Find out more.

Annual Report

Hints :
[1] Click the View Annual Result icon table to view the annual result page.

Financial Year Annual Audited Account Annual Report View
Ann. Date Ann. Date
31-Dec-2012 30-Apr-2013 04-Jun-2013 View Annual Result
31-Dec-2013 30-Apr-2014 03-Jun-2014 View Annual Result
31-Dec-2014 29-Apr-2015 25-May-2015 View Annual Result
31-Dec-2015 20-Apr-2016 28-Apr-2016 View Annual Result
31-Dec-2016 26-Apr-2017 View Annual Result
31-Dec-2017 30-Apr-2018 View Annual Result
31-Dec-2018 29-Apr-2019 View Annual Result
31-Dec-2019 28-Apr-2020 View Annual Result
Analyze this stock with MQ Trader system

  32 people like this.
 
BousteadInvestor any price revision? y buy 22 mil? 1.50 coming? FGVInvestor so lucky. still waiting for boustead
19/01/2021 5:51 PM
Harris76 Let’s reject and foil the take-over exercise or offer higher price. All the best guys
19/01/2021 5:57 PM
Anand Segran offer 1.30 no point if its hovering around that today..
19/01/2021 5:57 PM
Mabel #Lukey_Greek https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3122137

Felda had bought 41m vs total transacted 62.9m shares yesterday. Wonder which party bought the balance 22m shares at 1.30.
19/01/2021 5:02 PM

Could be Foreign Fund... as it was reported yesterday that foreign fund was net buyers..

Mabel has stopped buy FGV Shares

Now waiting patiently...

Meow
19/01/2021 7:17 PM
james8888 Dont accept the offer.
19/01/2021 8:17 PM
MH88888888 Betul......tunggu
19/01/2021 8:37 PM
Titan My remisier said that if FGV gets 75%, they can delist the counter. No need to wait for 90%. Those who accept it now at RM1.30, if FGV fails to get 75%, they still makan your 1.30. For those who rejected and FGV get 75%, they will delist and we have no choice but to sell in the open market before they delist. Once delisted, your stk become waste paper. Betui ka???
20/01/2021 4:43 AM
strattegist relax
20/01/2021 9:01 AM
zackboy I doubt they will even get 75% at RM1.30.
20/01/2021 10:26 AM
strattegist relax
20/01/2021 3:39 PM
FGV_ 75% is by when? 2nd Feb so can delist?
20/01/2021 4:22 PM
drkelvin20 So can we reject the offer and not to reply the mandatory offer sent to us? What happen after 2Feb21, if we do not repy to them by sending them the confirmation of acceptance slip? How does it go from here if we reject and the offer period is over? Can they just sapu and forfeit out shares? or they have to renegotiate, or they will freeze the share? Anyone having ideas may want to share...my buying price much higher...now palm oil price up more than 3k...and the Felda shouting for delisting...
20/01/2021 4:22 PM
FGV_ 7 trading days left to 2nd Feb can get 75% to delist haters can answer?
20/01/2021 4:24 PM
FGV_ If everyday 10 million shares bought by Felda can get 20% to 75% in 7 days?
20/01/2021 4:27 PM
FGV_ https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3122488
20/01/2021 4:27 PM
FGV_ Your remiser which IB can tell?

Titan My remisier said that if FGV gets 75%, they can delist the counter. No need to wait for 90%. Those who accept it now at RM1.30, if FGV fails to get 75%, they still makan your 1.30. For those who rejected and FGV get 75%, they will delist and we have no choice but to sell in the open market before they delist. Once delisted, your stk become waste paper. Betui ka???
20/01/2021 4:43 AM
20/01/2021 4:30 PM
FGV_ drkelvin20 you not dr? Why ask people here?
20/01/2021 4:34 PM
Vincent_Tan Titan I own BJ Land >75% why no need to delist can ask your remiser?
20/01/2021 4:43 PM
weiyiploh not even 50% why so gan jeong?
20/01/2021 4:50 PM
strattegist relax and cool
20/01/2021 6:13 PM
myshare I thought thy must hold 90% before thy can delist FGV.If thy cannot reach the %, thy will ask for extension or come up with a better offer..I reject the offer as my EP above RM2/
20/01/2021 11:54 PM
apprentice The fact that they are willing to pay 1.30 open market shows there is room for higher price.

I have rejected offer and expecting at least a 20 sen increase.
21/01/2021 9:07 AM
drkelvin20 @FGV, I am holding a doctor (PhD) title, but in Engineering. Carrying a doctor or PhD it also does not mean I know everthing bro.

Though I am in stock investment more than 10 years, honestly this is first time my positions are in doubt over the mandatory unconditional buy back offer.

That is why I seek opinion here, if I can just totally ignore the madatory offer reply slip? Or what is the consequence if I reject it, or if I ignore the reply for the mandatory offer?

Based on curren scenario, what is the best recommendation? My buying price @rm2+. And I have not follow FGV anymore for last few years.
21/01/2021 9:49 AM
PH_better Why must delist at RM 1.3 from IPO RM 4.55? No wonder PH won GE14 not BN or PN.
21/01/2021 10:50 AM
strattegist @drkelvin20... I would suggest for you to contact your remisier/stockbroker/Investment Bank with which you opened your account. You could seek all the answers pertaining to your questions by directing them to the right person and it would solve all your queries..
21/01/2021 11:29 AM
drkelvin20 @strattegist. Tq for advices. Yes, I may need to talk to my remisier. I hope we can bargain better price offer from FELDA, not at this low, especially now crude palm oil price at years high...

Really upset with those in FELDA management, at times where crude palm oil price show sustainable up trends, they decide to privatize it...
21/01/2021 11:57 AM
Poh Chye when fgv take over other companies, they look at future earnings to calculate the value. when felda want to privatize, they use past financials ignoring potential future earnings with the high CPO price. this is how they treat shareholders faithful and supporting the company. the poor settlers are the biggest victims. they subscribed at a high price. the ex CEO mentioned 1.70 to 1.80 is a fair price. felda, show some class lah.
21/01/2021 1:05 PM
strattegist relax
21/01/2021 1:59 PM
Zahrul Relax and rejected offer.
21/01/2021 2:11 PM
nice4ever To summarise, you can either accept or reject the Felda's offer:-

Scenario:-

1) Felda managed to secure more than 90% of total share capital - compulsory acquisition of remaining shares;

2) Felda did not managed to secure 90% of total share capital - Felda to extend / revise offer price to achieve scenario 1) or everything back to square.
21/01/2021 3:16 PM
strattegist relax and cool
21/01/2021 5:34 PM
james8888 Dont sell your shares at the market. Felda is buying RM1.30 . They need alot more. Dont sell and if they dont have enough, they will revise next friday.
21/01/2021 5:58 PM
Tattoo Chapter 16 Suspension, De-Listing and Enforcement

16.06 Request for withdrawal

(1) Subject to paragraph 16.07, a listed issuer may not request to withdraw its listing from the Official List, unless -

(a) the listed issuer convenes a general meeting to obtain its shareholder or unit holder approval and a separate meeting for the approval of the holders of any other class of listed securities, if applicable and the circular sent to the shareholders or unit holders and the holders of any other class of listed securities includes the information set out in Part A of Appendix 16A. The draft circular must be submitted to the Exchange together with a checklist showing compliance with Part A of Appendix 16A;

(b) the passing of the resolution for the withdrawal of listing is subject to the following conditions:

(i) the resolution is approved by a majority of shareholders or unit holders and holders of any other class of listed securities, if applicable, in number, representing 75% of the total number of issued securities held by the shareholders or unit holders and other securities holders respectively, present and voting either in person or by proxy at each meeting; and

(ii) the number of votes cast against the resolution, if any, by each class of listed securities respectively, if applicable, is not more than 10% of the total number of issued securities held by the shareholders or unit holders and other securities holders respectively, present and voting either in person or by proxy at each meeting.
Where the constituent document of the listed issuer imposes a stricter condition in respect of the votes required to approve the withdrawal of listing, such stricter condition will apply in substitution of the foregoing provision;

(c) the shareholders or unit holders and holders of any other class of listed securities, if applicable, are offered a reasonable cash alternative or other reasonable alternative (“exit offer”); and

(d) the listed issuer appoints an independent adviser, which meets the approval of the independent directors, to advise and make recommendations for the consideration of the shareholders or unit holders and holders of any other class of listed securities, if applicable, in connection with the withdrawal of its listing as well as the fairness and reasonableness of the exit offer.
21/01/2021 9:29 PM
strattegist relax
21/01/2021 10:38 PM
Wesley Lim If 1.30 cents break, will fly due to all that wants to sell already sold
22/01/2021 12:12 AM
Mabel Does any one has the last counts how many has Felda acquired?
22/01/2021 12:50 AM
rohank71 Thank You Tattoo for clarifying. There is NO delisting even if they get 75%. If they get 90% surely delisted. If they get 75%, FELDA needs 15% of public shareholder to support the delisting.
If they really want to delist pls offer a higher price, may be the IPO price.. Hahahaha...or dont delist. The offer must be genuine not for the fun of it.
22/01/2021 1:03 AM
zackboy Tell me why Felda wants to delist FGV while WSJ is very optimistic of palm oil?

https://www.wsj.com/articles/palm-oil-is-looking-like-a-hands-down-winner-11611225004?mod=searchresults_pos1&page=1

The price of palm oil, used in products from chocolate to toothpaste, is near a decade high and likely to climb further.

In Malaysia and Indonesia, sources of roughly 84% of the world’s palm oil, labor shortages caused by the coronavirus pandemic have reduced production, while major consumers China and India are buying more for cooking and manufacturing. Malaysian stockpiles are at their lowest levels in years.
22/01/2021 7:49 AM
newbie5354_ So FGV can maintain listing if Felda cannot buy enough FGV possible?
22/01/2021 9:22 AM
Mabel Thank you Tattoo and rohank71

Touche Zackboy!

Meow
22/01/2021 9:41 AM
Mabel Felda has until next Friday which is 29th January to conclude this.

Looking forward for nice angpow before CNY...

Meow Meow Meow
22/01/2021 9:55 AM
strattegist relax
22/01/2021 10:33 AM
james8888 yes. dont sell RM1.30 and don't accept the offer.
22/01/2021 10:37 AM
james8888 you can see they are desperate collecting shares at even RM1.30.
22/01/2021 10:37 AM
Mabel Meow james8888!
22/01/2021 10:41 AM
nice4ever FGV's non-interested directors are unable to, with clear conscience recommend the Offer as “Reasonable” to the minority shareholders of FGV, which also include settlers and employees of FELDA and FGV respectively.

KUALA LUMPUR: FGV Holdings Bhd’s five non-interested directors say the Federal Land Development Authority’s (Felda) offer of RM1.30 a share as not fair and advised minority shareholders to reject the offer.

In their recommendation on Friday, they said they have “NOT CONCURRED” with RHB Investment Bank’s independent advice to accept the offer.
22/01/2021 1:56 PM
RHB_ Maybank IB pls close shop. RHB more fair.
22/01/2021 2:29 PM
RHB_ 54.09% acq by Felda so far; 1 week left to closing date can get even 60%?
22/01/2021 2:33 PM
RHB_ 2nd Feb 21 1st closing date can extend?
22/01/2021 2:36 PM
RHB_ If revise when must decide?
22/01/2021 2:38 PM


APPS
I3 Messenger
Individual or Group chat with anyone on I3investor
MQ Trader
Perform Technical & Fundamental Analysis on Stocks
MQ Affiliate
Earn rewards by referring your friends
 
 

445  379  623  1071 

ActiveGainersLosers
Top 10 Active Counters
 NameLastChange 
 TRIVE-OR 0.01-0.09 
 KSTAR 0.23-0.025 
 DNEX 0.2550.00 
 LAMBO 0.030.00 
 VSOLAR 0.040.00 
 DYNACIA 0.125+0.005 
 ANZO 0.100.00 
 KTG 0.235-0.01 
 HPPHB 0.70-0.04 
 RUBEREX 1.83+0.16 

FEATURED POSTS

1. The Equity Market Index Benchmark in Malaysia CMS
2. Trading Scenarios of Derivatives Bursa Derivatives Education Series
3. Derivatives 101 Bursa Derivatives Education Series
4. Why Trade FKLI? Bursa Derivatives Education Series
5. MQ Trader - Introduction to MQ Trader Affiliate Program MQ Trader Announcement!
PARTNERS & BROKERS