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Qatar Holding to invest in Felda IPO

Qatar Holding, the Gulf country's strategic financial investor, and Malaysia's Employees Provident Fund have joined the list of cornerstone investors in the Malaysian initial public offering of plantation company Felda Global Ventures Holdings, Dow Jones has reported, citing two people familiar with the matter. Felda Global plans to list on the Bursa Malaysia stock exchange on June 28. The IPO could be this year's second-biggest world-wide, trailing only Facebook Inc.'s recent $16bon offering. Qatar Holding declined to comment.