Kuala lumpur: The Federal Land Development Authority (FELDA) has confirmed that FGV Holdings Bhd (FGV) is officially delisted from the Main Market of Bursa Malaysia Securities Bhd, effective 9 am today. This development follows the suspension of FGV's shares from trading on August 25, 2025.

According to BERNAMA News Agency, FELDA, along with persons acting in concert (PACs), currently holds 95.29 percent of FGV's total shares. Shareholders who did not accept the unconditional voluntary takeover offer, known as dissenting holders, have the option to sell their FGV shares until January 15, 2026, before 5 pm, as per FELDA's notice to shareholders dated August 22, 2025.

FELDA stated that delisting FGV marks a new phase aimed at strengthening its corporate structure, optimizing plantation operations, and increasing economic returns to itself and its key stakeholders, the settlers. Without FGV being listed on Bursa Malaysia, FELDA can fully control the palm oil industry's value chain, focusing on yield management and plantation operating costs to enhance productivity, optimize costs, and maximize returns.

FELDA expressed confidence that a comprehensive restructuring of the FELDA Group ecosystem will drive more sustainable growth, enhance global competitiveness, and secure the welfare of the settler community in the long term.