TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : RELATED PARTY TRANSACTIONS FGV HOLDINGS BERHAD ("FGV" OR "COMPANY") (I) PROPOSED ACQUISITIONS BY FGV PALM INDUSTRIES SDN BHD ("FGVPI"), AN INDIRECT 72%-OWNED SUBSIDIARY OF FGV, OF THE REMAINING EQUITY INTEREST IN THREE (3) NON-WHOLLY OWNED SUBSIDIARIES OF FGVPI; AND (II) PROPOSED ACQUISITIONS BY FELDA HOLDINGS BHD ("FHB"), A WHOLLY-OWNED SUBSIDIARY OF FGV, OF THE REMAINING EQUITY INTEREST IN FIVE (5) NON-WHOLLY OWNED SUBSIDIARIES OF FHB (COLLECTIVELY REFERRED TO AS "PROPOSED ACQUISITIONS")
| FGV HOLDINGS BERHAD |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) RELATED PARTY TRANSACTIONS |
| Description | FGV HOLDINGS BERHAD ("FGV" OR "COMPANY")
(I) PROPOSED ACQUISITIONS BY FGV PALM INDUSTRIES SDN BHD ("FGVPI"), AN INDIRECT 72%-OWNED SUBSIDIARY OF FGV, OF THE REMAINING EQUITY INTEREST IN THREE (3) NON-WHOLLY OWNED SUBSIDIARIES OF FGVPI; AND
(II) PROPOSED ACQUISITIONS BY FELDA HOLDINGS BHD ("FHB"), A WHOLLY-OWNED SUBSIDIARY OF FGV, OF THE REMAINING EQUITY INTEREST IN FIVE (5) NON-WHOLLY OWNED SUBSIDIARIES OF FHB
(COLLECTIVELY REFERRED TO AS "PROPOSED ACQUISITIONS") |
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(Unless otherwise, stated, all abbreviations used herein shall have the same meanings as those defined in the announcement dated 23 May 2025 and the Company’s circular to the shareholders dated 11 June 2025)
On behalf of the Board, Maybank IB wishes to announce that all conditions precedent as stipulated in the SSAs have been fulfilled on 4 July 2025. Accordingly, the SSAs have become unconditional on 4 July 2025 (“Unconditional Date”) and the Proposed Acquisitions are expected to be completed within 14 days from the Unconditional Date.
This announcement is dated 4 July 2025. |
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Announcement Info
| Company Name | FGV HOLDINGS BERHAD |
| Stock Name | FGV |
| Date Announced | 04 Jul 2025 |
| Category | General Announcement for PLC |
| Reference Number | GA1-03072025-00034 |