Why Felda Global Ventures Is So Important To So Many
The investing community seems to regard Felda Global Ventures as another mega sized listing, and just happily trading the stock when it lists. It is a cash cow for sure, but its also about the equitable treatment of the settlers/stakeholders/peasants/farmers. There are news, theories and conspiracies. Read and try to discern and ask more probing questions, we all should arrive at our own conclusions. At least for now the injunction is approved, thus halting the steamrolling listing. ------------ From Business Times today: The highly anticipated drama at Koperasi Permodalan Felda Malaysia Bhd (KPF)’s headquarters here today fizzled out when it cancelled its extraordinary general meeting (EGM). In a statement yesterday, the 224,000-strong cooperative said the meeting was called off following the Kuantan High Court’s temporary injunction blocking the transfer of shares from the cash-rich cooperative to Felda Global Ventures Holdings Bhd. Felda Global is on its way to a listing on Bu...