Shares in Malaysian palm oil firm Felda Global surged 20
percent in their trading debut on Thursday, as investors cheered on the world's
second largest IPO after Facebook's rocky initial public offering cnbc reports.
The strong debut beat market expectations of a first day pop
of 10 percent and brushed aside, for now, a widely flagged 36 percent drop in
Felda Global's first quarter profit to 223.2 million ringgit ($70 million) that
had initially unnerved some investors…
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