Based on Maybank's financial year ended Dec 31, 2015 (FY15) annual report, Felda was listed as the fifth largest shareholder with a 1.9% stake in the banking group as at Feb 10 last year. Maybank shares closed 27 sen or 3.25% lower at RM8.05 today, valuing the group at RM83.58 billion, the largest market capitalisation for a banking group in Malaysia. Felda has been under heavy scrutiny of late due to its intention to buy a 37% stake in Indonesia's PT Eagle High Plantations Tbk for US$505.4 million (RM2.26 billion). These losses have resulted in Felda's accumulated funds dropping by 16.46% to RM13.47 billion as at FY14, from RM16.12 billion in FY12. Felda has not presented its FY15 audited account to Parliament yet.

Source: The Edge Markets January 16, 2017 11:10 UTC