Why the prime minister should scuttle the coming FGVH IPO
Prime minister Najib Razak last week announced a ‘windfall’ of RM15,000 to each Felda settler family. The planned payout is to come from the Felda initial public offering on the Felda Global Ventures Holding (FGVH) listing. As part of the IPO of FGVH, Felda will be disposing 1.21 billion of its current FGVH shares at … Read more