Wednesday, 4 January 2012

Govt to consider any plan to enhance Felda Global Venture listing

PUTRAJAYA, Jan 4 (Bernama) -- The government is prepared to listen to any proposal from any Felda interest group to enhance the listing process of Felda Global Ventures Holdings (FGVH) on Bursa Malaysia, Deputy Minister in the Prime Minister's Department Datuk Ahmad Maslan said.

He said on Tuesday that interest groups like Gabungan Peneroka Generasi Wawasan Felda Kebangsaan (Gempak) will be invited for discussions in the next few weeks.

"Groups with an interest in Felda can submit their proposals as soon as possible and I will forward them officially in one or two weeks.

"Official discussions with these interest groups are held so that a proposal paper can be submitted to the team preparing the listing document for approval by the Securities Commission," he said at a media conference here.

Ahmad said the consultations should be completed by the end of January and the listing document is expected to be ready in a month or two. FGVH is expected to be listed on the main board of Bursa Malaysia in April this year.

Earlier, he met representatives of Gempak led by its president Samsudin Othman and deputy president Tan Sri Rozali Ismail.

Ahmad again gave an assurance that the interests of Felda settlers would continue to be upheld with the listing of FGVH on Bursa Malaysia. - Bernama



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