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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.
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.
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- TV Saluran - TV Channel
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