Group still faces delisting risk factor. FGV’s public spread standing at 13.19% as at Nov 25, has also failed to meet the 25% public spread requirement.
PETALING JAYA: FGV Holdings Bhd
still faces the risk of being delisted from Bursa Malaysia given its narrowing public shareholding spread.
According to CGS-CIMB Research, the planter’s public shareholding spread has fallen to 13.19% as at Nov 25 from 13.47% as at Aug 25.
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