Felda has received valid acceptances for all the remaining ordinary shares in FGV Holdings Bhd and has acquired the offer shares representing 91.73 percent of the total issued shares of FGV as of 5pm.

FGV said in a filing with Bursa Malaysia today that Felda holds more than 90 percent of its shares and does not intend to maintain FGV’s listing status on the Main Market of Bursa Securities.