Friday, October 21, 2011
Enemies Within Pt 3: Why it can't be business-as-usual anymore at Felda
Some argue that Felda Global Ventures Holdings should not be listed as the Felda group has no need for additional funds from the capital market. The finances and liquidity of Felda Global Ventures Holdings are strong enough, they say. But that's not the only reason a company goes for an IPO, blogger Big Dog counters. In Felda's case, the exercise is aimed at "giving the opportunity to the stakeholders, namely the state governments, the EPF, the PNB and especially the settlers themselves to hold a direct stake in the Felda group".
Read the second installment of his 3-part series on the listing of Felda h e r e.
Big Dog says the final part, which he hopes to post on Sunday, will look at why it can't be business as usual at Felda.