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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.
  rlch http://www.bursamalaysia.com/market/listed-companies/company-announcements/5911973 13/09/2018 15:43 richman they did not inform when out from suspension and only announcement is the suspension of the CEO which we already know 13/09/2018 15:44 mcmann yes it spike before suspension could be good news . if deep shit usually insider dump shares first before suspend . this is what i see. 13/09/2018 15:49 richman thing the announcement is about the suspension of the president/ceo and the appointment of 4 directors to handle his responsibilities. 13/09/2018 15:57 richman market I think views this positively and the perception of a positive turnaround for the company 13/09/2018 15:59  JJchan Further to the statement, the Board wishes to inform that a Notice of Inquiry has been issued to the Group President/Chief Executive Officer (“GP/CEO”) of FGV on 13th September, 2018 following the conclusion of internal investigations into 10 critical issues. 10 Critical issues------main reasons suspension ( Nuclear Bombs---10 too many ) "CEO--suspended" for Hidding BN shits 13/09/2018 16:53 mcmann this zakaria die die also dont want go but now force him to go out. The Board of Directors of FGV Holdings Berhad (formerly known as Felda Global Ventures Holdings Berhad) ("FGV") refers to its previous statement dated 28th August, 2018 accompanying the announcement of its Quarterly Report on Consolidated Results for the Financial Period Ended 30th June, 2018. Further to the statement, the Board wishes to inform that a Notice of Inquiry has been issued to the Group President/Chief Executive Officer (“GP/CEO”) of FGV on 13th September, 2018 following the conclusion of internal investigations into 10 critical issues. Each of these issues has resulted in financial loss for FGV and its shareholders. Following the Notice of Inquiry, the GP/CEO's powers and authorities vested in him as the GP/CEO of FGV have been suspended commencing from 13th September, 2018, pending further notification by the Board. FGV will continue its business as usual. In the interim, the Special Board Committee 2 comprising of four (4) FGV Directors, namely its Chairman, Datuk Wira Azhar Abdul Hamid, Datuk Dr. Salmiah Ahmad, Dr. Mohamed Nazeeb P.Alithambi and Datin Hoi Lai Ping, will take over the responsibilities to perform the functions of the GP/CEO of FGV. 13/09/2018 17:29 risktransformer Tomorrow morning will resume trading: http://www.bursamalaysia.com/market/listed-companies/company-announcements/5911977 --------- 13/09/2018 17:45 ken Just read his forehead... what is the word? Die-die he don't want to resign.. this kind of ppl can not be trusted. Harap pagar, pagar makan…. Sad.. 13/09/2018 18:21 JJchan don't wish to go-in tomolo------just don't want to step on a landmine and have my legs blown-off-- However you have prosthetic legs, why Not? atleast you can tell your wife, new ones don't come unless old ones got blown-off 13/09/2018 18:41 rogers123 Stock: [FGV]: FELDA GLOBAL VENTURES HOLDINGS BHD Sep 13, 2018 06:41 PM | Report Abuse don't wish to go-in tomolo------just don't want to step on a landmine and have my legs blown-off-- However you have prosthetic legs, why Not? atleast you can tell your wife, new ones don't come unless old ones got blown-off <-- Tomorrow i will buy kao kao. I always like to act oppositely against jjchan. 13/09/2018 19:47 rogers123 JJchan: U Long kps at 1.95++ I short it at 1.95. At the end kps felt from 1.95 to 1.54. Hahahah. U have million shares in hand. Now how? U brought so many people to holland trip. Pity u la. Talk big but nothing come out. Hahahaha 13/09/2018 19:50 rogers123 Jjchan claimed tat kps will limit up at that day, but it was down in actual. Down until ma beh jin kia. Jjchan disappeared n hide. 13/09/2018 19:52 JJchan wa----roger is here----you really think i am so stupid to let you make money in kps-----I ask people to invest in kps bcoz of Good dividend and strong growth potential ---- not 7 days contra gain 13/09/2018 21:12 rogers123 U asked people to enter at 1.95. U know wat is the KPS price now?. Loss about 40 cents, still considered good? 13/09/2018 22:25 rlch Z suspended not save money meh? Yesterday Z BT who pay? Make sure business trip(BT) cannot claim from FGV. 14/09/2018 09:39 JJchan most ikan Bilis are so much smarter than Roger123----i ask them to eat Dog Shit, no volunteer but Roger ate the Whole Bowl-----95% are Not investor in Bursa but punters---All advise will fall into deaf ears ( only by trapping, you can retain them so surprise goreng always works ) 14/09/2018 09:49 Pual looked like going down to 1.40 soon if CPO price maintain at current level..... 14/09/2018 10:24 Jonathan Keung CPO stock at record high 2.5 Million tonnes. CPO market looking unstable with US trade spat over China imports. FGV Zakaria again suspended. things getting messy 14/09/2018 10:28 Pual Then encourage every one lives in forest...and say prayers every day hoping that God will bless us abundantly ! 18/09/2018 11:18 pea3034 pas lagi bodoh ....kelantan pun kelantan pun tak boleh maju banyak hutang dengan persekutuan ... 18/09/2018 21:15 henry888 Don't make promises too early. Like PKR some of the pledges in thier manisfesto, how, can fulfill or not? 18/09/2018 21:24 BigPro The Board of Directors of FGV Holdings Berhad (formerly known as Felda Global Ventures Holdings Berhad) ("FGV") refers to its previous statements dated 13th September 2018 and today’s announcement on the resignation of Dato’ Zakaria Arshad as the Group President/Chief Executive Officer (“GP/CEO”) of FGV. The Board wishes to inform that with the resignation of Dato’ Zakaria Arshad, the suspension has ended. The forensic investigation referred in FGV’s statement from the Board on 28th August 2018 shall continue and is expected to be concluded by this year end. FGV will continue its business as usual. As announced earlier the Special Board Committee 2 comprising of four (4) FGV Directors, namely its Chairman, Datuk Wira Azhar Abdul Hamid, Datuk Dr. Salmiah Ahmad, Dr. Mohamed Nazeeb P.Alithambi and Datin Hoi Lai Ping, shall continue to perform the functions of the GP/CEO of FGV. Further announcements shall be made in the event of material developments on this matter. This announcement is dated 18th September 2018. 19/09/2018 11:39  |
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