Is the 1985 mega hit by George Michael.
Bernama's justification of the Federal Land Development Authority (Felda)'s US$505 Million purchase of PT Eagle from the Rajwali Group, is out right STUPID.
First of all, do NOT compare the valuation used by KL Kepong' ini their failed attempt to gain control of MP Evans.
The reason being is KL Kepong' plan was centered on it becoming the controlling shareholder in MP Evans, as for the Felda deal, looks like they will get only between one to two board seat.
For US$505 million, Felda should have control of PT Eagle, but unfortunately, we are sitting at a DIFFERENT corner.
And nobody uses , enterprise value to buy a minority stake.
