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Overview
Financial Highlight
HeadlinesBusiness Background Felda Global Ventures Holdings Bhd operates an agri-business conglomerate, and specializes in oil palm plantations and refineries, rubber production, and sugar products. It is one of the world’s largest crude palm oil producers, and has extended plantation operations through multiple acquisitions in Southeast Asia. The refineries produce vegetable oils, biodiesels, fats, and other fast moving consumer goods. Rubber plantations and processing facilities are utilized for green rubber production that can be sold to customers who develop tires, seals, tubes, and other products. Also, the company has expanded to distributing raw and refined sugar through its subsidiaries.
  supersinginvestor Down ah...cos unker sifu.aldy told u ..it wont go up. N will go down...u no listen... 20/10/2020 10:45 AM Hidup_Anwar LKS can support long time enemy Tun M to win GE14 why not Najib also if good for M'sians? 20/10/2020 11:10 AM  Mabel @supersinginvestor Down ah...cos unker sifu.aldy told u ..it wont go up. N will go down...u no listen... 20/10/2020 10:45 AM I say Unker... FGV down only 2 cents PPB already down 14 cents mah... Hihihi... Meow 20/10/2020 11:28 AM Hidup_Anwar If good PM Muhyiddin should stop Sabah state election not letting so many died from Covid19. 20/10/2020 11:38 AM Hidup_Anwar PRU-15 lebih awal jika GRS menang di Sabah - PM https://www.bharian.com.my/berita/nasional/2020/09/732716/pru-15-lebih-awal-jika-grs-menang-di-sabah-pm 20/10/2020 11:43 AM 8888_ Change PM easier? Why Felda chairman decline? HuatAh8809 Crappy stock 20/10/2020 2:11 PM 20/10/2020 2:33 PM dam82 kantoi FELDA https://www.thestar.com.my/business/business-news/2020/10/20/fgv-clarifies-land-lease-deal-with-felda 20/10/2020 2:41 PM Mabel Wah so nice and lovely. No period at all. M Very happy to see Felda was caught red handed.. Meow Meow Meow 20/10/2020 5:11 PM Jeffreyteck FGV denies Felda’s claim on amount payable of RM800m a year from LLA.... Mother and son also fighting how to focus on strategically important business? 20/10/2020 5:43 PM henry888 That is why i sold when i seen Felda revoke the LLA. keep 1 day and cut loss. 20/10/2020 6:05 PM Aurora13 Going to die fgv... Now land dispute with felda wtf... Palm oil US not solve now another problem... Don't think their elite management can handle, hopeless 20/10/2020 10:10 PM Mabel @supersinginvestor Well like i said.. Fgv=loser share for losers... 20/10/2020 10:25 PM I say Unker... In today’s session, 19 of the KLCI-component stocks fell, seven rose while the remaining four counters closed unchanged. Losers trounced gainers by 661 to 394, while 428 counters were unchanged. Bottom line FGV no period today...steady at RM 1.10 PPB got bad period ..already down by 14 cents two days in a row.. Hihihi...forgive me unker... Meow 21/10/2020 12:35 AM dam82 Check FGV share prospectus clearly mention on land not asset so FELDA try to lure some votes here thats all ...when it goes to finance ministery for fund i would expect it will be rejected .. 21/10/2020 7:45 AM cpo_ Prices of vegetable oil including CPO to take cue from soybean — Oil World CEO https://www.theedgemarkets.com/article/prices-vegetable-oil-including-cpo-take-cue-soybean-%E2%80%94-oil-world-ceo 21/10/2020 10:50 AM cpo_ No wonder Felda complain lately and want back estates. FGV will make a lot $ now onwards? 21/10/2020 10:51 AM Mabel cpo_ is a very smart man... Mabel always adore smart man... Meow Meow Meow... 21/10/2020 11:35 AM Mabel @supersinginvestor Mabel adore stupid men..follower men..puppy dogs....be honest lor 21/10/2020 12:35 PM ...and they call it Puppy love... https://www.youtube.com/watch?v=zI2hgm65WhE Meow.. 21/10/2020 1:09 PM Jeffreyteck Big corruption, small also corruption. Afraid becomes acceptable culture. 21/10/2020 5:40 PM Mabel + 1 I agreed with Jeffrey... A man who has never gone to school may steal a freight car; but if he has a university education, he may steal the whole railroad... Meow 21/10/2020 7:40 PM Hidup_PN Forced labour in palm oil no longer a problem, says Khairuddin https://www.themalaysianinsight.com/s/279889 22/10/2020 3:30 PM Hidup_PN Malaysia, US need fair platform to address agri-commodity export issue — ministry KUALA LUMPUR (Oct 22): The Ministry of Plantation Industries and Commodities (KPPK) believes that a fair platform is needed for the United States (US) and Malaysia to negotiate to address the allegations and claims that can adversely affect trade activities between both nations. Its Minister Datuk Dr Mohd Khairuddin Aman Razali said the government viewed seriously several incidents involving the detention order imposed on the country’s agri-commodity products exports by the US Customs and Border Protection (CPB) recently. In a statement today, he said on the issue which involved FGV Holdings Bhd, the company had taken appropriate action to improve its foreign workers recruitment system, as well as set suitable standards for workers in line with human rights. “KPPK was informed that FGV has shown the highest commitment in cancelling the Withhold Release Order (WRO) since the petition was presented,” he explained. Mohd Khairuddin nevertheless said it could not be denied that the US was an important market for Malaysia’s agri-commodity products, which is among the biggest contributors to the nation’s export revenue. For the January-August 2020 period, the country’s total exports of agri-commodity was worth RM14.10 billion. “However, with such incidents happening more rapidly, KPPK is prepared to consider (taking) the appropriate actions to address the issue,” he said. In 2018, KPPK with the cooperation of the International Labour Organisation (ILO) which assumes the role as study technical consultant had implemented a comprehensive study on the labour situation in the plantation sector in Malaysia. It was carried out to ensure a more comprehensive study outcome. The study was tabled and accepted by the Cabinet and will be presented to the US’ Department of Labour as one of the initiatives to remove Malaysia’s oil palm plantation sector from the Trafficking Victims Protection Reauthorisation Act (TVPRA) which has become the reference to the US CBP in making its decision. The ministry hopes the move would be able to avoid the ban on the country’s agri-commodity products in the future. “The ministry suggests that the oil palm industry including FGV continues to explore new markets taking into account the current COVID-19 pandemic situation by focusing on palm exports to potential countries in the African continent such as Nigeria, Central Asia and others,” he said. Read also: Govt taking measures to deal with oil palm industry labour issues, says Khairuddin We deliver news to your inbox daily Email Address RELATED NEWS 22 October 2020 Govt taking measures to deal with oil palm industry labour issues, says Khairuddin https://www.theedgemarkets.com/article/malaysia-us-need-fair-platform-address-agricommodity-export-issue-%E2%80%94-ministry 22/10/2020 4:15 PM Hidup_PN Malaysia, US need fair platform to address agri-commodity export issue — ministry KUALA LUMPUR (Oct 22): The Ministry of Plantation Industries and Commodities (KPPK) believes that a fair platform is needed for the United States (US) and Malaysia to negotiate to address the allegations and claims that can adversely affect trade activities between both nations. Its Minister Datuk Dr Mohd Khairuddin Aman Razali said the government viewed seriously several incidents involving the detention order imposed on the country’s agri-commodity products exports by the US Customs and Border Protection (CPB) recently. In a statement today, he said on the issue which involved FGV Holdings Bhd, the company had taken appropriate action to improve its foreign workers recruitment system, as well as set suitable standards for workers in line with human rights. “KPPK was informed that FGV has shown the highest commitment in cancelling the Withhold Release Order (WRO) since the petition was presented,” he explained. Mohd Khairuddin nevertheless said it could not be denied that the US was an important market for Malaysia’s agri-commodity products, which is among the biggest contributors to the nation’s export revenue. For the January-August 2020 period, the country’s total exports of agri-commodity was worth RM14.10 billion. “However, with such incidents happening more rapidly, KPPK is prepared to consider (taking) the appropriate actions to address the issue,” he said. In 2018, KPPK with the cooperation of the International Labour Organisation (ILO) which assumes the role as study technical consultant had implemented a comprehensive study on the labour situation in the plantation sector in Malaysia. It was carried out to ensure a more comprehensive study outcome. The study was tabled and accepted by the Cabinet and will be presented to the US’ Department of Labour as one of the initiatives to remove Malaysia’s oil palm plantation sector from the Trafficking Victims Protection Reauthorisation Act (TVPRA) which has become the reference to the US CBP in making its decision. The ministry hopes the move would be able to avoid the ban on the country’s agri-commodity products in the future. “The ministry suggests that the oil palm industry including FGV continues to explore new markets taking into account the current COVID-19 pandemic situation by focusing on palm exports to potential countries in the African continent such as Nigeria, Central Asia and others,” he said. Read also: Govt taking measures to deal with oil palm industry labour issues, says Khairuddin We deliver news to your inbox daily Email Address RELATED NEWS 22 October 2020 Govt taking measures to deal with oil palm industry labour issues, says Khairuddin https://www.theedgemarkets.com/article/malaysia-us-need-fair-platform-address-agricommodity-export-issue-%E2%80%94-ministry 22/10/2020 4:15 PM  |
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