Anwar announces that the delisting process for FGV will commence on August 28th.
Felda Delists from Bursa Malaysia, Gaining Full Control of FGV
In a significant move, Felda, the Federal Land Development Authority, has completed the delisting of FGV Holdings Bhd (FGV) from Bursa Malaysia starting August 28, 2025. This delisting allows Felda to fully own and restructure FGV, enabling the agency to focus on its original mission—safeguarding the rights, returns, and interests of the settlers[1][2][3].
Felda has acquired approximately 91.73% of FGV's total issued shares, positioning the agency to fully own the company. This acquisition might have implications for the relationship between Felda and FGV, and it could potentially affect FGV's future direction. The offer for the remaining shares of FGV closes on Aug 15[4].
Following the delisting, FGV's shares are expected to be suspended from trading five market days after the offer for all remaining shares closes. The delisting of Felda will start on August 28, and after the delisting, Felda is no longer bound to any specific direction[1][2].
Prime Minister Datuk Seri Anwar Ibrahim highlighted that the delisting reflects Felda’s efficient management, enabling the agency and its cooperative (KPF) to prioritize the settlers’ benefits. The government, alongside Felda’s leadership, aims to ensure that FGV’s activity realigns with Felda’s foundational objectives, strengthening settlers’ rights and improving their financial returns from Felda’s projects and businesses[1][2].
Deputy Prime Minister Datuk Seri Ahmad Zahid Hamidi emphasized that this move will benefit settlers directly, as Felda can now align FGV’s operations and projects closely with settlers’ needs and the cooperative’s priorities[4][5]. In summary, Felda’s delisting from government-linked public ownership heralds a strategic pivot to empower Felda in delivering better outcomes for settlers, including protecting their interests and enhancing their returns through focused management and restructuring of FGV[1][2][4].
The benefits and interests of the Felda settlers remain the top priority, and the agency is now able to focus solely on this mission without being bound by previous regulatory constraints as a public listed company. The announcement was made today, but no further information about the implications of the delisting was provided[1]. The location of the event where this announcement was made was not specified.
- With the delisting of Felda from Bursa Malaysia, Anwar Ibrahim, the Prime Minister, commends Felda's efficient management, allowing the agency to prioritize the benefits and interests of the settlers, and aims to ensure that FGV's activities align with Felda's foundational objectives.
- The Deputy Prime Minister, Datuk Seri Ahmad Zahid Hamidi, emphasizes that Felda's delisting will benefit settlers directly, as Felda can now align FGV's operations and projects closely with settlers' needs and the cooperative's priorities.
- The government, in partnership with Felda's leadership, aims to restructure FGV with a focus on enhancing the financial returns of the settlers through focused management, ultimately empowering Felda to deliver better outcomes for the settlers.
