Malaysian palm oil firm plans share sale


The Malaysian Palm oil firm, Felda, is set to raise $3.1bn (£2bn) via its share sale in Kuala Lumpur.

The initial public offering, the biggest after Facebook this year, comes amid increased volatility and a reduced appetite for risk amongst investors.

The BBC's Jennifer Pak spoke to the firm's chairman, Sabri Ahmad - Group President at Felda Global.

She asked him whether he was concerned that recent developments may hurt his company's share-sale plans.

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