Posted by MuttsInvestor > 2021-03-19 20:59 | Report Abuse

Any reason why the Boss of FGV ... Resigned ? ( Not forced out ? ) when he is at his PRIME ?

Posted by 8888_ > 2021-03-19 21:08 | Report Abuse

Chairman sudah kaya and old why cannot resign haha. Save his salary.

Posted by 8888_ > 2021-03-19 21:09 | Report Abuse

FGV confirms Azhar’s resignation as chairman
https://www.theedgemarkets.com/article/azhar-abdul-hamid-resign-fgv-chairman-april-1

Posted by 8888_ > 2021-03-19 21:11 | Report Abuse

19% still reject.

DickyMe 81% majority. Still expecting above RM1.30 offer?

CUTLOST!
19/03/2021 7:29 PM

Posted by 8888_ > 2021-03-19 21:12 | Report Abuse

If follow Bursa actual figure is higher.

Posted by 8888_ > 2021-03-19 21:15 | Report Abuse

Changes in Sub. S-hldr's Int (Section 138 of CA 2016)
FGV HOLDINGS BERHAD

Particulars of substantial Securities Holder
Name FEDERAL LAND DEVELOPMENT AUTHORITY (FELDA)
Address LEVEL 47, MENARA FELDA, PLATINUM PARK
NO.11, PERSIARAN KLCC
Kuala Lumpur
50088 Wilayah Persekutuan
Malaysia.
Company No. LD0200F1956
Nationality/Country of incorporation Malaysia
Descriptions (Class) Ordinary Shares
Details of changes
No Date of change
No of securities
Type of Transaction Nature of Interest
1 16 Mar 2021
455,800
Others Direct Interest
Name of registered holder FELDA
Address of registered holder LEVEL 47, MENARA FELDA, PLATINUM PARK, NO.11, PERSIARAN KLCC, 50088 KUALA LUMPUR
Description of "Others" Type of Transaction Valid Acceptances

Circumstances by reason of which change has occurred A total of 455,800 valid acceptances received pursuant to the unconditional mandatory take-over offer by FELDA through Maybank Investment Bank Berhad to acquire all the remaining FGV shares (excluding treasury shares) not held by FELDA and the persons acting in concert with it including all FGV shares under FGV's Long Term Incentive Plan ("Valid Acceptances").
Nature of interest Direct Interest
Direct (units) 2,394,584,391
Direct (%) 65.638
Indirect/deemed interest (units) 452,921,192
Indirect/deemed interest (%) 12.415
Total no of securities after change 2,847,505,583
Date of notice 19 Mar 2021
Date notice received by Listed Issuer 19 Mar 2021

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3140637

Posted by 8888_ > 2021-03-19 21:16 | Report Abuse

78.053% acceptance why quote as 81%? Bully the rest?

Posted by strattegist > 2021-03-19 21:39 |

Post removed.Why?

Posted by strattegist > 2021-03-19 21:41 | Report Abuse

FGV definitely worth very much more than current market price..

stay cool steady and relax....

Posted by Larryloh > 2021-03-19 21:59 | Report Abuse

Wait few days to flush retailers out , profit taking ma . If want eat bigger fish must wait.

Posted by Market82 > 2021-03-19 22:30 | Report Abuse

Feel another powerful people will be chairman soon

Posted by Mabel > 2021-03-20 01:13 | Report Abuse

#8888_ 78.053% acceptance why quote as 81%? Bully the rest?
19/03/2021 9:16 PM

Like Mabel said many times, Mabel never trust news reports.

Always stick to the Bursa Announcement..

Thanks for sharing the latest of the latest..

Meow Meow Meow

Posted by 8888_ > 2021-03-20 07:21 | Report Abuse

I post here no salary but Datuk Azhar(resigning chairman) get RM 300K salary every year. What he does?

Posted by 8888_ > 2021-03-20 07:32 | Report Abuse

Before Azhar as Chairman shareholders get higher dividend. Eg in 2017 6 sen dividend were announced.
https://klse.i3investor.com/servlets/stk/annent/5222.jsp

23-Nov-2017 07-Dec-2017 DIVIDEND Interim Dividend RM 0.05 Dividend Detail
25-Apr-2017 29-May-2017 DIVIDEND Final Dividend RM 0.01

Posted by simon > 2021-03-20 08:03 | Report Abuse

Dear all FGV investor, FGV Holding already have 78% fgv shares, need another 12% will 90% & will going to MGO ? what do you think the offer price? still 1.30 or higher?

Posted by strattegist > 2021-03-20 08:40 |

Post removed.Why?

Posted by gohku > 2021-03-20 09:35 | Report Abuse

Need to wait another 6 months before can make next GO base on SC rules for takeover.


Posted by simon > Mar 20, 2021 8:03 AM | Report Abuse

Dear all FGV investor, FGV Holding already have 78% fgv shares, need another 12% will 90% & will going to MGO ? what do you think the offer price? still 1.30 or higher?

Posted by gemfinder > 2021-03-20 09:50 | Report Abuse

The edge weekly got article on fgv

Posted by strattegist > 2021-03-20 10:13 | Report Abuse

cool

Posted by strattegist > 2021-03-20 11:03 | Report Abuse

Mambang bersihkan kebun sawit duluuu...

Posted by 8888_ > 2021-03-20 11:15 | Report Abuse

Perspective Lane cannot blanket reject I agree with you. If read my posts earlier I also support them since Felda RM 1.3 offer <90% agree.

SharehlderOppression CIMB and RHB IB back in Jan stated 1.30 offer was not fair and below fair value of its sum of parts. Perspective Lane wanted to inject profitable assets in exchange for shares at higher prices but proposal was shot down.
If FELDA want to privatize so badly, they should make a decent offer and not use loopholes to bully minority shareholders into giving up their shares.
19/03/2021 4:02 PM

Posted by calvintaneng > 2021-03-20 17:04 | Report Abuse

Hold on to Fgv for far higher prices due to these reasons

Since Mgo failed Fgv has another 6 months to revise higher offer again

So time is on our side.

1. Cpo holding above Rm3000 means very good coming quarters May 2021 and August 2021 expected

2. Msm which Fgv is Top holders up more than 200% from 55 sen to over Rm1.78 now
This will be reflected in Fgv results as well

3. Rubber another good fortune due to very high demand for latex rubber due to Glove sales

plus remember this

All these were revised higher prices after 1st Mgo failed

1. Kaf

2. Petaling Tin

3. Karambunai 1st offer 5.5 sen
Second 11 was accepted (100% more)

4. Tmakmur

5. The store

6. TA Enterprise

7. Many many others

All Revised At Much Higher prices in Final Takeover

For Fgv Next Mgo can we expect Rm2.00 to Rm2.50?

Posted by strattegist > 2021-03-20 23:33 |

Post removed.Why?

Posted by wesleylwl > 2021-03-21 13:16 | Report Abuse

small float = high volatility also easy to fly, bounced off 1.34 resistance turned support still a buy

Posted by strattegist > 2021-03-21 13:21 | Report Abuse

cool

Posted by atlantisbear > 2021-03-21 18:07 | Report Abuse

all the floats are in our custody

Posted by strattegist > 2021-03-21 18:19 | Report Abuse

gooood...

Posted by calvintaneng > 2021-03-21 18:24 | Report Abuse

Fgv's 40% holding of Msm sugar rose from 55 sen to the high of Rm1.78 means a gain of Rm346 MILLONS paper profit

If reported in next qtr result as remeasurement gain it will be a very nice 9.5 a share

plus further explosive gain from high cpo prices, high rubber prices and saji oil sale we can expect a nice 13 sen to 15 sen profit

that will be more than MSM 8 sen profit

Fgv now Rm1.40 versus MSM Rm1.78

If we take 13 sen annualized the P/E only 2.6

Fgv will outperform even Wilmar Spore

Fgv is therefore grossly undervalue

Posted by atlantisbear > 2021-03-21 19:19 | Report Abuse

give them a chance to pay debt. could be billions

Posted by calvintaneng > 2021-03-21 19:50 | Report Abuse

Fgv debt backed by Colossal assets very ok

I heard Wilmar Spore got $80 Billions debt yet Wilmar trade at 10x Fgv price

Posted by strattegist > 2021-03-21 22:49 |

Post removed.Why?

Posted by strattegist > 2021-03-21 22:52 | Report Abuse

watch badminton All England laaa...

Posted by Mabel > 2021-03-22 08:15 | Report Abuse

Malaysia’s Lee Zii Jia lifts 2021 All England title after defeating Denmark’s Viktor Axels

Likewise, FGV will be another winner in Mabel's Plantation collection.

Meow Meow Meow

Posted by Mabel > 2021-03-22 08:19 | Report Abuse

#calvintaneng Fgv's 40% holding of Msm sugar rose from 55 sen to the high of Rm1.78 means a gain of Rm346 MILLONS paper profit

If reported in next qtr result as remeasurement gain it will be a very nice 9.5 a share

plus further explosive gain from high cpo prices, high rubber prices and saji oil sale we can expect a nice 13 sen to 15 sen profit

that will be more than MSM 8 sen profit

Fgv now Rm1.40 versus MSM Rm1.78

If we take 13 sen annualized the P/E only 2.6

Fgv will outperform even Wilmar Spore

Fgv is therefore grossly undervalue
21/03/2021 6:24 PM

Thank you Calvin!

You are a Real Darling...

Meow Meow Meow

Posted by strattegist > 2021-03-22 08:48 |

Post removed.Why?

Posted by 8888_ > 2021-03-22 09:06 | Report Abuse

Red bec Azhar resign bad news?

Posted by 8888_ > 2021-03-22 09:07 | Report Abuse

Syed Mokhtar is Azhar ex-boss in Malakoff so if Perspective Lane can takeover not good news?

Posted by 8888_ > 2021-03-22 09:14 | Report Abuse

hng33 where? If Felda want to revise GO price how long(from 15th Mar or earlier) must take so that those accept 1.3 cannot get higher price?

Posted by Larryloh > 2021-03-22 09:45 | Report Abuse

Those accept 1.30 will get the new GO price but those sell on open market to fella won’t get

Posted by Larryloh > 2021-03-22 09:46 | Report Abuse

Another bunch of fools sold just morning , serve u all right . Now regret also no use . Already said no downside since last takeover price is 1.30 and next is higher

Posted by Larryloh > 2021-03-22 09:46 | Report Abuse

Trade with common sense pls

Posted by Mabel > 2021-03-22 09:53 | Report Abuse

#Larryloh Another bunch of fools sold just morning , serve u all right . Now regret also no use . Already said no downside since last takeover price is 1.30 and next is higher
22/03/2021 9:46 AM

It's actually OK Larry...

Mabel collected today between RM 1.35 and RM 1.36..

Thank you Sellers

Meow Meow Meow

Posted by strattegist > 2021-03-22 09:58 |

Post removed.Why?

Posted by EVO118 > 2021-03-22 10:51 | Report Abuse

We really need Syed Mokhtar to have another go at it. It will only perform if you are using your own money not tax payers money for which nobody is accountable. Look at it's history, then tell me who was responsible for it's past performance. Need a whole new BOD!

Posted by strattegist > 2021-03-22 11:02 | Report Abuse

relax

Posted by strattegist > 2021-03-22 14:26 | Report Abuse

cool

Posted by Kedahan > 2021-03-22 15:14 | Report Abuse

1.7 or more must let SM takeover? Media Prima from 12 sen now rise >60 sen or 5X from lowest.

Posted by Kedahan > 2021-03-22 15:29 | Report Abuse

Lee Zii Jia won All England is from Kedah. To make FGV great need SM(from Kedah) as boss?

Posted by strattegist > 2021-03-22 17:35 | Report Abuse

closed red... down 2 sen

Posted by strattegist > 2021-03-22 17:44 |

Post removed.Why?