RingWow! What a handsome dividend they also planting oil palm trees why FGV cannot?
Ring#Update* FGV 1H net profit falls 36% to RM295.5 mil, declares 6 sen dividend Monday, 25 August 2014 18:50 KUALA LUMPUR (Aug 25): Felda Global Ventures Bhd (FGV) reported a 53% fall in its second quarter net profit ended June 30, 2014 to RM151.86 million or 4.2 sen a share, from RM322.71 million a year ago. Revenue for the quarter rose 36.5% to RM4.08 billion, from RM2.99 billion.
kakisahamini juga kaunter yg memudaratkan banyak orang..sejak IPO lagi
RingKUALA LUMPUR: Datuk Seri Najib Razak has called on companies to emulate international best practices with the inclusion of diversity policy.
The prime minister said this could be done by disclosing workplace demographics that incorporate gender, ethnicity and age.
Speaking at the Business Leaders Dialogue here today, he said this comes on the heels of a circular issued by Bursa Malaysia in July, requiring listed companies to disclose their diversity policy for board, management and workforce in annual reports issued after Jan 1, 2015.
Najib pointed out that Sime Darby Bhd would be the first Malaysian company to adopt integrated reporting by 2016.
The Securities Commission is working with professionals and the industry on the adoption of integrated reporting to help build a stronger culture of sustainability within the corporate sector.
The second edition of Business Leaders Dialogue, organised by the Economic Planning Unit and the Securities Commission, is attended by 40 corporate leaders from top public-listed firms and government-linked investment companies. -- BERNAMA
RingX KULAIJAYA: A group of about 800 employees of a company here staged a strike outside HDD Technology Sdn Bhd building Kulaijaya by throwing stones and burning a vehicle after the group claimed that they were mistreated at the work place......this is may happen becoz its their culture which is not ours, we r more peace loving.All oil plantation companies shd strive hard to increase the yield n part of d profit to be given to d workers being win win situation. 26/08/2014 19:51 X The ministry should ask all listed oil palm companies to submit their annual yield/ha/annum for d ministry to study n evaluate each company n d bench mark shall be UP performance. Every estate is submitting d KPI n still getting fat bonus?...as i hv said earlier if eststes dont get yield above 25 it may be a doomsday for oil palm plantation companies...on d double please. 26/08/2014 19:56
RingKUALA LUMPUR: The proposed laws to restrict foreign ownership of plantations in Indonesia is not a deterrent to Felda Global Ventures Holdings Bhd’s (FGV) plans to expand its operations in that country.
FGV group president and chief executive Mohd Emir Mavani Abdullah said the group would continue to expand its plantations in Indonesia through acquisitions and additional planting in its existing plantations this year.
In Indonesia, FGV has invested in Trurich Resources Sdn Bhd, a joint venture with Lembaga Tabung Haji, that owns 42,000ha of oil palm plantations in East and Central Kalimantan.
FGV also owns PT Citra Niaga Perkasa, a company that has 14,385ha of land in West Kalimantan currently being developed into oil palm plantations.
The total land bank in Indonesia under FGV’s subsidiaries is about 35,422ha.
RingWe will be bd glad to hear from d Chief executive of Fgv that they r not only expanding but also going to take felda to greater heights by increasing the yield higher then 25mt this is to protect the felda settlers who r poor.If UP can do it why other plantation cannot....govt should intervene.
RingFGV’s plantation segment revenue in 1HFY14 declined 68.9% y-o-y as internal transactions were eliminated following the consolidation of FHB. Operationally, this segment achieved higher oil extraction rate of 21.03% in 1HFY14 from 20.44% in 1HFY13. This partly helped to offset the decline in fresh fruit bunch (-9.0% y-o-y) and CPO productions (-2.0% y-o-y) in 1HFY14 due to adverse weather conditions......from Edge.....again please u hv revealed d extraction rate @ 21.03% but what about d fruits yield/ha/annum...please dont confuse d share holders.