They (FELDA) own 33.67% of FGV, but there are other shareholders with about 67% (in FGV). There is a perception that people in FGV are more loyal to FELDA than to FGV. They have only been in FGV for seven years, and over the last few years there’s not much to be proud of, being with FGV. If you ask me, personally, I prefer FGV being a public-listed entity because when you are publicly listed, then you are transparent, you are accountable. On the outside, people say things like that, but internally, I do not feel there is a strain between FGV and FELDA.

Source: The Edge Markets May 02, 2019 08:03 UTC