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  calvintaneng Absolutely correct Earlier FGV board of directors already said Rm1.30 is far too low Now my best advise is Those who hold Fgv please hold tightly till past July 8 2025 Plus no harm to even buy a bit more at Rm1.31 Two possible outcome Felda might revise a final higher offer or worst come to worst just take back Rm1.30 if Privatisation goes through Who knows Fgv might see a higher final offer like Kaf-Seagroat, The Store or Tmakmur 05/06/2025 11:22 AM  speakup Felda should have privatise at least NTA price 1.67. that would be fairer. My remisier say one reason they keep at 1.30 is not to offend previous shareholders who sold at 1.30 during the previous privatisation attempt 06/06/2025 7:52 AM calvintaneng Previous attempt to privatise at Rm1.30 was wrong in the first place Since 2020 now 5 years of land boom has come for Malaysia See how Crescendo and others made multi millions from selling them to Data Centers Fgv / Felda got prime lands near Sedenak Tech Park ( Malaysia largest Tech Park ) how could they be worth 6.2 sen psf?? and Felda got Lands near Mt Austin in Johor which is now property hot spot for Singaporeans You have done wrong So better not do another wrong Better do what is right Give a fair value 06/06/2025 8:35 AM calvintaneng The biggest plot of Gold mine lands own by Felda is in Pahang State now Ecrl Rail way is going to be completed in one year's time Land prices here have shot up by 300% to 500% those near Ecrl Train Station have seen astronomical price rise over 1,000% In Dungun where there is a Rail Station land prices up from Rm1.00 to Rm18.00 psf (up a Whopping 1,800%) while Felda land book value remain static at only 2 sen psf 06/06/2025 8:47 AM  lofan73 FeIA has been doing CSR all this years and showing to the whole world their caring for society but this final attempt, they had forgotten minority investors who have been very loyal and supportive to continue invest in FGV. Always remember by doing short change to the minority shareholders, karma will hit them damn real hard whoever who involved. short changing the hard earn investors monies will not do good in their next life. what is the point for Bursa SC to get more investors to invest in the market whereby ths kind of scenario is happening to the minority shareholders. Pls do the correction as give the remaining shareholders a true fair value 06/06/2025 12:51 PM Anaconder More like a scam stock , selling IPO at RM4 plus , now want to take private at RM1.30. 06/06/2025 1:53 PM curiousq Treat investors as their target of scam ..... just like Pahang state gov. They didn't want to accept the 1.30, because this would cause huge loss to them, they didn;t accept 5 year ago on this price (1.30), as well as this time! but when giving a chance stand together with Felda, they act as PAC now, they are one of the offerors now, this will help Felda to get 90% for the right of compulsory acquisition from minority investors ..... what is the moral of this saga? 06/06/2025 3:27 PM lofan73 Petronas takeover bid for MISC fails Kuala Lumpur: Malaysian state oil and gas firm Petronas has failed in its bid to take shipping firm MISC private. 06/06/2025 3:38 PM lofan73 The offer closed with Petronas owning 86.07% of the shares in MISC, just under 4% short of the 90% threshold required to take delist the shipping company from Bursa Malaysia. Having failed to reach the required threshold to take MISC private Petronas has withdrawn its MYR5.50 per share offer for the company. All shares it acquired in the bid will be returned to shareholders within 14 days. Petronas had revised up the offer price from MYR5.30 to MYR5.50 after it was criticised by some shareholders as undervaluing MISC. Shares in MISC were trading down 13.4% at MYR4.59 per share on Monday afternoon. 06/06/2025 3:39 PM lofan73 Petronas takeover bid for MISC fails Kuala Lumpur: Malaysian state oil and gas firm Petronas has failed in its bid to take shipping firm MISC private. Picture of Marcus Hand Marcus Hand, Editor April 22, 2013 Pls google and check the news 06/06/2025 3:40 PM curiousq Pteronas failed to privatized MISC was due to Penang gov. refused to accept the offer ..... they made a right stand 06/06/2025 3:43 PM lofan73 In 2013, Petroliam Nasional Berhad (Petronas) initiated a takeover offer for Malaysia International Shipping Corporation Berhad (MISC) with a revised offer price of RM5.50 per share. The Minority Shareholder Watch Group (MSWG) likely played a role in the takeover bid by raising concerns about the original offer price and potentially influencing other shareholders. Here's a more detailed breakdown: Petronas's Offer: In January 2013, Petronas, which already owned 62.67% of MISC, announced a conditional takeover offer for the remaining shares, initially at RM5.30 per share. This offer was revised to RM5.50 per share later, according to Seatrade Maritime News. The offer was conditional on Petronas acquiring at least 90% of MISC's shares. MSWG's Involvement: MSWG, a shareholder advocacy group, likely played a role in the takeover bid. While their specific actions regarding MISC in 2013 are not explicitly detailed, they generally monitor and advocate for the interests of minority shareholders. Takeover Bid Failure: Despite the revised offer price, Petronas's takeover bid ultimately failed to reach the 90% threshold required to delist MISC. Petronas withdrew its offer and returned the acquired shares to the shareholders within 14 days. Impact on MISC Shares: The failed takeover bid caused a significant drop in MISC's share price. Petronas's Motivations: Petronas's stated reason for the takeover was to gain full control of MISC, allowing them greater flexibility in shaping its strategic direction. Other Considerations: According to Seatrade Maritime News, MISC had returned to profitability in 2012 after a period of losses, which may have been a factor in Petronas's decision to pursue the takeover. 06/06/2025 3:44 PM lofan73 MSWG need to step up here and voice out their views. Where is MSWG? if they had done somethgy for MISC and succeeded the takeover by petronas was failed. n now is time for MSWG to say somethgy now. 06/06/2025 3:48 PM curiousq For minority investors, my advice is, DO NOT accept the 1.30 offer, until 46 days the offer document is issued. The offeror may raise the offer price anytime before 46 days after the offer doc. is issued. If you are the most timid type of investors that affraid of holding delisted stock, you can still accept the offer after 46 days. The offer period is probably 60 days in this case. If you accept it in the early stage and let Felda get the intended 90%, Felda would not raise the 1.30 offer price !! 06/06/2025 3:55 PM curiousq Offer price before the 46th. day is not the final price, offeror can raise the offer price any time before the 46th. day. After the 46th. day, offeror is not allowed to alter the offer price, so, the final price could only be determined after 46th. day. But, if Felda get the intended 90%, it would not raise the offer price, is not necessary. They can proceed with the compulsory acquisition on the remaining shres 06/06/2025 4:28 PM  Mabel #calvintaneng the cat is so clever Mabel reenter at RM 1.31 after selling RM 2 previously.... 06/06/2025 11:10 PM Mabel The East Coast Rail Link (ECRL) is expected to be completed by the end of 2026 and will be operational from January 2027. This major infrastructure project will significantly cut travel time between Kota Bharu and Kuala Lumpur to around four hours, compared to the current seven-hour car journey. Exciting times ahead for Malaysia’s transportation network! 06/06/2025 11:11 PM jackmdinvest Basically is cheating from IPO 4.50 now take over at 1.30 , Do Management believe in Karma??? 09/06/2025 6:54 AM calvintaneng Only less than 300 lots done all holding Fgv tightly in a camaraderie spirit Well done and just hold tight 09/06/2025 3:52 PM calvintaneng Felda/Fgv own huge prime lands in Pahang state book value is Rm626 per acre (still not revalued since 1960) only about 1.5 sen psf As Ecrl Train passing through many of its lands prices are now 🚀🚀🚀 up to Rm10, Rm30 or as high as Rm100 per SQ feet for those with commercial value So it is grossly unfair to give such low privatisation prices 10/06/2025 11:23 AM mikeazk EGM on 26 June 2025 at 3.00 p.m. Any idea what will be the news? If they manage to acquire 90%, can they just buy our share at RM1.30? 11/06/2025 5:17 PM calvintaneng No. Egm on June 26 is not about privatisation it is to vote for Fgv buying some assets So keep holding tightly all undervalue Fgv shares till after July 8th 2025 and then more Keep strong and steady everybody 💪 11/06/2025 7:04 PM lofan73 mikeazk > 1 day ago | If they manage to acquire 90%, can they just buy our share at RM1.30? i think someone need to reassure this guy as if FELDA achive their above 90%, wht is going to happen to the rest of the balance shares. Will FELDA acquire the rest? 13/06/2025 4:18 PM calvintaneng Nothing to worry at all even if Felda should get 90% at Rm1.30 actual intrinsic value after taken private and lands sold piece meal Felda will get Rm10 and above per share for it's gold mine assets in sum total They might force all to accept Rm1.30 however, why allow that to happen when so much clarity we now know from all the appreciated land banks So better hold tight and just wait a few more weeks to see a higher revised offer which should at least do justice to all minority shareholders 13/06/2025 8:18 PM calvintaneng Just take Bplant in comparison Bplant got Telok Sengat lands in Kota Tinggi while Fgv got prime lands near Sedenak Tech Park (Malaysia Biggest IT Data Center ) North of Eco Botanic Mt Austin (Sporeans favourite ) 13/06/2025 8:23 PM calvintaneng So Fgv gold mine lands in Johor State are superior While Bplant got land in Kulim High Tech Park . Fgv also got superb lands in Tanjung Langsat Industrial Park (opposite of Singapore Changi International Airport 13/06/2025 8:25 PM calvintaneng At IPO Bplant was Rm1.60 after given free bonus and lots of handsome dividends Ltat took Bplant private at Rm1.55 Fgv IPO was Rm4 .55 did not give free bonus and mediocre dividend now only offer Rm1.30 Grossly unfair 13/06/2025 8:27 PM calvintaneng Today Cpo crossed Rm4000 and most palm oil counters will benefit Fgv should do well Hold tight 💪 16/06/2025 12:42 PM calvintaneng Offer by Felda for Rm1.30 is grossly below real value all please reject 16/06/2025 1:21 PM calvintaneng Past precedent Ioi took Unico Desa plantation private at Rm1.75 how can Fgv be worth only Rm1.30 ridiculous price 16/06/2025 1:23 PM calvintaneng Klk took Ijmplant private at Rm3.10 ijm plant only got less than 200,000 acres while Fgv got over 1 million acres so how come Felda want to offer only Rm1.30 for Fgv? F = Full. G = Golden V = Value 16/06/2025 1:25 PM calvintaneng Klk also want to take Bplant private at Rm1.55 But Ltat took over so how come Bplant IPO Rm1.60 with free bonus Ltat took private Rm1.55 while Fgv IPO Rm4.55 now offer to take private at Rm1.30? 16/06/2025 1:27 PM calvintaneng Tmakmur was Rm1.30 Pahang Royalty took private at a generous Rm1.90 all lands of Tmakmur are in Pahang Fgv also got lots of lands in Pahang book value Rm626 per acre Tmakmur book value many many times higher So Fgv should worth far far more than Rm1.90 how come only Rm1.30??? 16/06/2025 1:29 PM calvintaneng Johor corp took Kulim private at Rm4.10 from Rm2.50 how Come Fgv got more lands than Kulim in Johor only worth Rm1.30? 16/06/2025 1:30 PM calvintaneng Kulim got less than 200,000 acres while Fgv got 1 million acres Kulim Rm4.10 Fgv how come only Rm1.30? 16/06/2025 1:31 PM calvintaneng Kwantas was 50 sen owner took private at Rm1.65 Kwantas lands are in Sabah how come Fgv got lands all over Peninsujar plus Sabah and Sarawak worth a mere Rm1.30? 16/06/2025 1:33 PM zackboy It is interesting to see that the closing price is higher 0.01 than the proposed offer price they want to buy of rm1.30. I think the privatization will fail. 17/06/2025 5:52 PM  | |
