Plans to delist Felda Global Ventures Berhad (FGV) will costs RM7.8 billion in losses, claimed PKR vice-president Rafizi Ramli.

He said the losses stem from RM2.9 billion FGV will have to pay out in order to buy back stocks from shareholders; RM2 billion that public funds would have lost from the fall in FGV stock prices; and RM2.9 billion FGV has to spend for payoffs, loan repayments and other expenses.

"So Felda is in a situation where delisting is bad, and not delisting is also bad," Rafizi said at a press conference in Kuala Lumpur today.