jumped over 17% in early trade Tuesday after the Federal Land Development Authority (Felda) failed in its bid to take FGV private at RM1.30 per share. The planter, one of the top gainers on Bursa Malaysia, surged 17.69%, or 23 sen to RM1.53 with 12.6 million shares done. According to a filing with Bursa Malaysia, Felda only obtained 81% equity, or 2.955 billion shares interest in FGV as the offer closed at 5pm on Monday. Felda was required to obtain 90% of the shares it did not own from the acceptance of its takeover offer in order to trigger a compulsory share acquisition and to take the listed company private.