The share prices of Felda Global Ventures Holdings (FGV) would have been reduce if it were not for a intervention of several institutions, together with a Employee's Provident Fund (EPF), claimed PKRde factoleader Anwar Ibrahim.
Anwar, a former finance minister, pronounced bank valuations showed that a share cost was being artificially inflated, though did not name a banks involved.
"If we were to demeanour during independent research such as from banks, a tangible cost is RM3.50 per unit.
"That cost is held during RM4.62 due to intervention in a form of purchases from a EPF, a Retirement Fund Incorperated, and other institutions," he pronounced during a press conference today.
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Courtesy of Bonology.com Politically Incorrect Buzz & Buzz
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