KUALA LUMPUR (Dec 23): Shares in Felda Global Ventures Holdings Bhd (FGV) fell 3.70% this morning after the Employees Provident Fund (EPF) said it no longer has any stake in FGV, as it assures members that the EPF practises high standards of corporate governance in its investments, with robust policies on risk control and asset allocation.
At 9.17am, FGV fell 6 sen to RM1.56 with 2.31 million shares traded.
KUALA LUMPUR (Dec 22): The Employees Provident Fund (EPF) says it no longer has any stake in Felda Global Ventures Holdings Bhd (FGV), as it assures members that the EPF practises high standards of corporate governance in its investments, with robust policies on risk control and asset allocation.
The statement issued today came following a blog post dated Dec 14, which has been widely circulated on social media, that questioned whether Felda would be able to pay off its RM6.5 billion loan from EPF, which was taken in 2010.
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