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3 years ago

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MSM share price surge and FGV privatisation intrigues

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MSM share price surge and FGV privatisation intrigues

KUALA LUMPUR (March 15): The privatisation offer to FGV Holdings Bhd will close at 5pm today. Shareholders have been given more time to contemplate the offer of RM1.30 per share made by its controlling shareholder Federal Land Development Authority (FELDA). The meteoric rise in MSM Malaysia Holdings Bhd's share price recently would not have escaped the eyes of FGV's shareholders considering FGV holds a 51% stake in the sugar refiner.

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MSM share price surge and FGV privatisation intrigues

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MSM share price surge and FGV privatisation intrigues

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