Felda Global active, gains 1.09% on appointment of new chairman beritamalay3.blogspot.com

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Felda Global active, gains 1.09% on appointment of new chairman beritamalay3.blogspot.com

Felda Global active, gains 1.09% on appointment of new chairman

KUALA LUMPUR (June 20): Shares in troubled Felda Global Ventures Holdings Bhd (FGV) rose 1.09% in active trade this morning after the plantation giant saw the appointment of independent and non-executive director Tan Sri Sulaiman Mahbob as its new chairman, replacing Tan Sri Mohd Isa Abdul Samad, who has resigned.

At 9.15am, FGV rose 2 sen to RM1.86 with 5.34 million shares traded.

Mohd Isa was subsequently appointed as acting chairman of the Land Public Transport Commission (SPAD).

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