Felda prices IPO

Felda raises $3.1 billion from Malaysian IPO

Strong institutional demand and a sizable cornerstone tranche help Felda to become the world’s second-biggest IPO this year after Facebook.

<div style="text-align: left;"> Felda operates the third-biggest oil palm plantation in the world </div>

June 15, 2012

Felda Global Ventures, a Malaysian government-owned agricultural commodities company, has raised M$9.9 billion ($3.1 billion) after pricing its much-awaited initial public offering near the top end of the indicated price range.

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