Posted by EVO118 > 2022-08-05 22:26 | Report Abuse

This is what should happen.
1) Bursa should tell "FGV" they will be suspended immediately unless the public shareholdings spread are fixed.
2) Instruction should be given by Bursa as well as FGV to FELDA to decrease their % holding or FGV will remain suspended indefinately.
3) If still no solution then FELDA should do another GO.
4) Force sell or pending delisting.

Posted by EVO118 > 2022-08-05 22:33 | Report Abuse

When dealing with a big GLC like FELDA there is ONLY one tool BURSA got and that is an indefinate suspension. They will ignore any other suggestion that does not bite.

Posted by lionel messi > 2022-08-06 10:39 | Report Abuse

So bodoh. Previous extension already expired but new development still pending response from Bursa. Screwed up big time. If not for us writing in yesterday to whack them, probably no announcement at all after market yesterday. Real gaji buta and sleeping on the job.

Posted by lionel messi > 2022-08-07 17:12 | Report Abuse

Should have been settled, decided and announced even before previous expiry on 3/8/22 for investors to make informed decisions? Investors were trading in the dark past few days not knowing why they were buying or selling. Somebody didn't do their job.

Posted by lionel messi > 2022-08-08 08:11 | Report Abuse

Counter should be suspended pending response from Bursa. Investors are unable to make informed decisions trading in the dark without that important announcement.

Posted by EVO118 > 2022-08-08 10:05 | Report Abuse

Exactly, should have been suspended based on th public shareholder's spread not on this silly joint venture! This is just a distraction of no value to investors in the market currently.

Posted by EVO118 > 2022-08-08 10:17 | Report Abuse

There is no point in resumption of trading on this news. Basically all the buyers are being manipulated by FELDA because of their shareholdings. They can play those silly investors who chase this by selling it . They got that much stock to play (dump). Is BURSA BODOH?

Posted by Letsfly > 2022-08-08 11:55 | Report Abuse

https://www.bursamalaysia.com/contact_us/other_complaints

Please note that Bursa Malaysia is not recognised as an “enforcement agency” under the Whistleblower Protection Act 2010 (“Act”). If you intend to rely on the protection offered by the Act, please make your report to the Securities Commission who is recognised as an “enforcement agency” under the Act.

Posted by lionel messi > 2022-08-08 16:14 | Report Abuse

Thanks Letsfly. Will see how they treat the balance minority shareholders and at what price they will do the compulsory. Letsfight.

Posted by EVO118 > 2022-08-08 22:42 | Report Abuse

FGV to supply 10,000 'ayam kampung' a week under Ladang'57 brand to AEON Big by year-end.
https://www.theedgemarkets.com/article/fgv-supply-10000-ayam-kampung-w...

Felda mops up more FGV shares.
https://www.theedgemarkets.com/article/felda-mops-more-fgv-shares

The important part is they keep increasing their holding instead of reducing. Now we are into Kampung Chicken. Hey, we already got the biggest "CHICKEN" in BURSA. No control over their regulations. As long as you are big enough you can just ignore BURSA. Rules are meant to be broken, come to the real world of manipulation of the market.

Posted by Letsfly > 2022-08-09 10:15 | Report Abuse

indeed... thats why i will stand and never sell a single share to them at the chicken feed price they offer!

Posted by lionel messi > 2022-08-09 10:24 | Report Abuse

When they reach compulsory at cheap price by scheming and scamming, you will have no choice. That's why most important advice to balance minority shareholders is don't ever allow them to reach 90% cheaply.

Posted by lionel messi > 2022-08-09 12:34 | Report Abuse

Let's see if Felda dare to rip off those many pakciks and makciks settlers who are still shareholders having gotten their shares at RM4.45 during the IPO 10 years ago.

Posted by sk6259 > 2022-08-09 13:56 | Report Abuse

From what i observed....fgv shareholding current % is similar to what they have after the last exercise....i assume they are the buyer and seller to play the price...

Posted by lionel messi > 2022-08-11 11:51 | Report Abuse

RHB-OSK price target RM1.25? Haha, they must be desperate to buy but want it cheap. Felda will sapu everything before it reaches that price.

Posted by EVO118 > 2022-08-11 15:30 | Report Abuse

So they are not going to do anything. Just let FELDA manipulate the market anyway they want. DISGRACEFUL!

Posted by KooSan > 2022-08-11 20:49 | Report Abuse

Useless.
"After three exemption requests of six months each, there is still no sign of any resolution. Queries by Bursa Malaysia are also absent. Meanwhile, FGV is more concerned about pay and perk hikes for the Chairman and Board of Directors which invited a public and shareholders uproar."

Posted by EVO118 > 2022-08-12 07:02 | Report Abuse

Felda and privatisation of FGV: No end in sight.
https://www.theedgemarkets.com/article/felda-and-privatisation-fgv-no-...

About time it gets into the print media for the general investment public. Need to address the issue.

Posted by EVO118 > 2022-08-12 07:58 | Report Abuse

BossKu is probably the only one that can sway the Pahang votes even if a takeover is on the cards. They are the dedicated BossKu supporters.

Posted by EVO118 > 2022-08-12 10:05 | Report Abuse

Today is the 12th Aug, the meeting was on 3rd Aug.

"The Company has, on 26 July 2022 applied for a further six months’ extension which is pending response from Bursa Securities."

Is it that hard to make a decision. Are they going to wait until past 31st AUG?

Posted by EVO118 > 2022-08-12 14:37 | Report Abuse

Manipulation going on. Sellers being taken out at 100 shares per transaction to try and convince the unaware investors to chase and buy.

Posted by EVO118 > 2022-08-12 14:58 | Report Abuse

Personally, I think the seller and buyer are both FELDA like "sk6259" posted before. Different volumes instead of 100 per transaction, it might be a different story. Don't get fooled.

Posted by lionel messi > 2022-08-14 16:59 | Report Abuse

https://www.klsescreener.com/v2/news/view/1030175

Great piece which went public few days ago. Really whacked Felda and the regulators. Let's hope the Pahang and Sabah govt continue to stand with all minority shareholders and demand a fair price for our shares. Don't let them swallow the whole company cheap after we paid RM4.55 during the IPO 10 years ago. Let's fight.

Posted by EVO118 > 2022-08-15 19:26 | Report Abuse

What is more important at the moment is what are they doing about the "public shareholding spread"? The monthly production figures will have no effect to the share price without first addressing the shareholding spread. History will tell us even CPO prices has no effect on this counter like they do to other oil palm counter.

Posted by lionel messi > 2022-08-16 09:19 | Report Abuse

NO announcements or valuation metrics are needed or relevant anymore for this cornered stock. Just how much Felda wants to pay to take it private. Don't ever sell to them cheap.

Posted by Letsfly > 2022-08-16 09:53 | Report Abuse

below 3, not letting go... :)

Posted by EVO118 > 2022-08-16 15:29 | Report Abuse

Shouldn't it be suspended by now?

Posted by birdparadise > 2022-08-16 15:32 |

Post removed.Why?

Posted by lionel messi > 2022-08-16 15:44 | Report Abuse

Walao, meaning Felda just need to collect another 5.01% before calling for suspension for compulsory acquisition. Dangerous. Don't allow them.

Posted by EVO118 > 2022-08-17 16:05 | Report Abuse

Is BURSA going to let the minority shareholers here for dead? Surely they can't let FELDA creep up to 90%

Posted by curiousq > 2022-08-17 16:31 | Report Abuse

Will be delisted for not complying public spread ?

Posted by Letsfly > 2022-08-17 22:29 | Report Abuse

By right felda should be suspended from buying... Wth man buy from open market with no intentions to resolve public spread issue... Straight up blatant manipulation lor..

Posted by Letsfly > 2022-08-17 22:30 | Report Abuse

Bursa officer either sleeping or makan dedak lor....

Posted by EVO118 > 2022-08-18 08:57 | Report Abuse

Obviously somebody "ada jalan dalam BURSA".

Posted by EVO118 > 2022-08-18 09:24 | Report Abuse

With all the innuendo thrown at BURSA, the ones who are in charge at Bursa must have very thick skin. Nothing is going to stick!

Posted by lionel messi > 2022-08-18 09:49 | Report Abuse

Biasa la Malaysia. Must name and shame in the public domain. Broadcast in any media and publication. Then only scared.

Posted by lionel messi > 2022-08-19 09:31 | Report Abuse

I suspect the next thing they will scheme and scam is the upcoming quarterly results to make it look as bad as possible so as to justify a low GO price. Be warned.

Posted by EVO118 > 2022-08-19 11:52 | Report Abuse

They are just going to keep milking the unaware investors with abit of pump & dump.

Posted by Syndicates > 2022-08-19 12:21 | Report Abuse

why bursa this time is taking so long to decide the application of extension?

Posted by EVO118 > 2022-08-19 12:41 | Report Abuse

Cos' they are a significant size GLC wheeling alot of power. Who is the "CHICKEN" now? Are the Directors of BURSA liable for not doing the fiducial duty that they are paid to do ? Don't forget the majority of the BOD of FGV are loaded up by FELDA!

Posted by EVO118 > 2022-08-19 20:48 | Report Abuse

Bursa chairman: Foreign shareholding in Malaysian markets will rise but not to pre-pandemic levels.
https://www.theedgemarkets.com/article/bursa-chairman-foreign-sharehol...

Get your facts right. Foreign funds are being scared away by an example of your incompetance in just handling FGV. That and the handling of phantom destroyers will drive away foreign investors. Based on the current BossKu case , any foreign fund would not be investing here. No defense council? They are kidding. The CJ shouldn't be hearing this case with her family fully against BossKu! Bias, foregone conclusion.

Posted by Mabel > 2022-08-19 22:23 | Report Abuse

Mabel’s King of Construction is going abroad…

Over the next few months, Gamuda Land has plans to roll out new projects in Vietnam, Australia and the UK. These projects will include Artisan Park, which is a US$125.5 million landed development in Binh Duong; an AUD$180 million apartment project in South Melbourne; and an apartment development in West Hamstead, London, which has a gross development value of £65 million. They just reward their shareholders with 6% Dividend last week plus another Bonus Special Dividend to be announced soon.

Comparing Gamuda with FGV is like Comparing a Lamborghini and a Bus. Gamuda treat their Investors well while Felda is very .....

Posted by EVO118 > 2022-08-23 12:27 | Report Abuse

BossKu only have to show his face by campaigning at "ALL" the Felda's settlements and BN will definately win GE15 !

Posted by lionel messi > 2022-08-23 21:18 | Report Abuse

Its latest ann on public shareholding spread today shows that Felda is being defiant and is taunting you Bursa. Don't be a lame duck regulator. Show your power Bursa. Suspend the bloody counter. Too much time has been given to them.

Posted by EVO118 > 2022-08-23 22:41 | Report Abuse

With no BOSSKU, the settlers of FGV are going to be history. Nobody is going to look out for them. In fact there will be nobody stopping them from being taken full advantage off and milk dry. End of the RAZAK legacy. Now let's see if BURSA will put the nail in this nightmare.

Posted by EVO118 > 2022-08-24 08:38 | Report Abuse

OK, it's time to march "PENDEK" to Sungai Buloh to keep BossKu company.

Posted by lionel messi > 2022-08-24 08:44 | Report Abuse

Bossku mana ada kat Sg Buloh? At least Bursa has the balls to reject their latest extension application. Now let's see if they have the guts to whack them like our CJ on bossku.

Posted by EVO118 > 2022-08-24 08:54 | Report Abuse

BossKu will be moving to Sg Buloh soon. Sg Buloh is a class 1 hotel, Kajang is a class 3 hotel.

Posted by EVO118 > 2022-08-24 10:21 | Report Abuse

We only need one news to be release "SUSPENSION".

Posted by EVO118 > 2022-08-25 15:52 | Report Abuse

What are they waiting to hatch? In this game time is MONEY !