PETALING JAYA: Felda Global Group has been given the green light by the Government to list its commercial unit, Felda Global Ventures Holdings Sdn Bhd, on Bursa Malaysia by the middle of next year.
Felda Global Group comprise Felda Global Ventures and Felda Holdings Bhd, which are the commercial entities of Federal Land and Development Authority (Felda).
Prime Minister Datuk Seri Najib Tun Razak said in his Budget 2012 speech that the listing was to raise funds to enable the company to be a global conglomerate.
biz.thestar.com.my/
