<div class=newsTextDataWrapInner><p>KUALA LUMPUR (May 26): Trading in FGV Holdings Bhd’s (KL:<a href="/askedge/klse/5222" class="ce-stock" target="_blank">FGV</a>) shares will be suspended all day on Monday, pending a major announcement, it said in a filing with Bursa Malaysia, following news that its largest shareholder may revisit a plan to privatise the company.</p></div>

<div class=newsTextDataWrapInner><p>The Federal Land Development Authority (Felda) currently owns 81.92% of FGV, up from 33.66% after a failed privatisation attempt in 2020 at RM1.30 per share.</p></div>

<div class=newsTextDataWrapInner><p>FGV’s last traded share price was RM1.28, valuing the company at RM4.7 billion.&nbsp;</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>The Edge reported in its weekly issue dated May 5-May 11, 2025 that Felda is revisiting an earlier plan to privatise FGV.</p></div>

<div class=newsTextDataWrapInner><p>FGV, in a filing with the bourse on May 6, said it hadn’t received any official notice from Felda about a takeover or privatisation, despite media reports suggesting otherwise.</p></div>

<div class=newsTextDataWrapInner><p>Last week, FGV also announced that it is taking over eight subsidiaries from Koperasi Permodalan Felda for RM229.75 million to streamline its palm oil business, logistics, security, and research efforts.</p></div>

<div class=newsTextDataWrapInner><p><em>Read also:<br />
<a href="https://theedgemalaysia.com/node/756662" target="_blank">Felda tries again to privatise FGV at RM1.30 per share</a></em></p></div>


KUALA LUMPUR (May 26): Trading in FGV Holdings Bhd’s (KL:FGV) shares will be suspended all day on Monday, pending a major announcement, it said in a filing with Bursa Malaysia, following news that its largest shareholder may revisit a plan to privatise the company.

FGV’s share trading suspended ahead of a major announcement amid privatisation talks

KUALA LUMPUR (Oct 4): Datuk Seri Anwar Ibrahim has expressed his condolences over the death of secondary student Irene Sofiya Mohd Khairoul Faisal, whose body was found with injuries at a school in Yong Peng, Johor on Saturday.

In a Facebook post, the prime minister extended his condole...

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Over the past decade, scholars and journalists have been writing about what the march of digital technology means for humanity with a mixture of hope and anxiety: hope because of the rise in living standards that the digital revolution has made possible, and anxiety because it has deepened social...

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Train services on the MRT Putrajaya Line are experiencing delays following a power supply disruption caused by a cable theft incident near Taman Equine Station, according to Rapid KL.

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Bankers in Hong Kong skipped the summer break as an artificial intelligence-fuelled rush for capital sent share sales to a record, defying a bruising sell-off in the city’s stocks.

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Ahmad Zakii Anwar’s Sementara brings together 75 paintings and drawings spanning decades of the painter’s career, from his celebrated Smokers and Sofa series to pieces exploring the human form, ritual, portraiture and animals. Drawn from the Steve Wong Art Collection, the retrospective highlights Zakii’s distinctive mastery of shadow, light, charcoal and chiaroscuro, alongside his fascination with the body and its spiritual dimensions.

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Yemen's Iran-aligned Houthis said on Saturday they had targeted an Aramco facility in the Saudi capital Riyadh with ballistic missiles and drones, saying the attack was in retaliation for Saudi attacks on Yemen's Sanaa and other provinces.

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(Oct 4): A former OpenAI safety employee who recently resigned criticized the company's approach to AI safety, arguing that a fast-paced culture focused on rapid development increases the risk of failures.

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<p>Our cover story features Johor-based BCB Bhd (KL:BCB), who views Johor’s next phase of growth as not about chasing the latest property cycle, but positioning its developments in the state’s evolving economic landscape.</p>


<p>(Oct 4): A former OpenAI safety employee who recently resigned criticized the company's approach to AI safety, arguing that a fast-paced culture focused on rapid development increases the risk of failures.</p>

<p>Writing in "I Quit OpenAI Because Its Culture Is Broken," published by the <i>Atl...

<p>Treasury Secretary Scott Bessent said the recent rise in US Treasury yields was in line with global trends and didn’t warrant consternation, even as worries about persisting price pressures pushed some benchmark rates to their highest in more than two decades.</p>


Bessent downplays worries on rising yields, AI bubble concerns

<p>Yemen's Iran-aligned Houthis said on Saturday they had targeted an Aramco facility in the Saudi capital Riyadh with ballistic missiles and drones, saying the attack was in retaliation for Saudi attacks on Yemen's Sanaa and other provinces.</p>


<p>Any urgency among Federal Reserve and European Central Bank policymakers to follow up September interest-rate hikes at this month’s meetings has been dialled back in the wake of soft US jobs data and acute stress in French financial markets.</p>


<p>Ahmad Zakii Anwar’s <em>Sementara </em>brings together 75 paintings and drawings spanning decades of the painter’s career, from his celebrated Smokers and Sofa series to pieces exploring the human form, ritual, portraiture and animals. Drawn from the Steve Wong Art Collection, the retrospective highlights Zakii’s distinctive mastery of shadow, light, charcoal and chiaroscuro, alongside his fascination with the body and its spiritual dimensions.&nbsp;</p>


<p>Train services on the MRT Putrajaya Line are experiencing delays following a power supply disruption caused by a cable theft incident near Taman Equine Station, according to Rapid KL.</p>


<p>US Treasury Secretary Scott Bessent criticised prominent artificial-intelligence figures’ warnings about existential risks posed by the technology as alarmist and unhelpful, calling on the industry to police itself and produce solutions.</p>


Bessent says AI industry must own its risks and find solutions

<p>A new White House task force will produce a report assessing risks posed by artificial intelligence and what responsibility the US federal government should have over the technology, the <i>Wall Street Journal</i> reported.&nbsp;</p>


<p>Bankers in Hong Kong skipped the summer break as an artificial intelligence-fuelled rush for capital sent share sales to a record, defying a bruising sell-off in the city’s stocks.</p>


<p>Nicolás Maduro is not entitled to immunity from criminal charges, US prosecutors said, countering the former Venezuelan president’s bid to toss the US’ narco-terrorism case against him.</p>


Maduro not immune to prosecution in narco-terror case, US says

<p>KUALA LUMPUR (Oct 4): Datuk Seri Anwar Ibrahim has expressed his condolences over the death of secondary student Irene Sofiya Mohd Khairoul Faisal, whose body was found with injuries at a school in Yong Peng, Johor on Saturday.</p>

<p>In a Facebook post, the prime minister extended his condole...

<p>Over the past decade, scholars and journalists have been writing about what the march of digital technology means for humanity with a mixture of hope and anxiety: hope because of the rise in living standards that the digital revolution has made possible, and anxiety because it has deepened social...