Followers
0
Following
0
Blog Posts
0
Threads
1,399
Blogs
Threads
Portfolio
Follower
Following
2019-04-23 21:16 | Report Abuse
It was reported that TH and FGV jointly bought Trurich for RM600 million in 2009.
https://www.theedgemarkets.com/article/trurich-files-police-report-against-th-exceo-ismee-th-plantations-exbosses-misleading
Trurich paid US$12.25 million (RM51.27 million) for Kaltara, which owns 30,000ha of oil palm plantations in Indonesia.
Meanwhile, it paid US$45.77 million (RM191.59 million) to Kalteng for 12,833ha of oil palm plantations and a 60-metric tonne palm oil mill, the company added.
2019-04-23 21:11 | Report Abuse
According to FGV’s 2017 annual report, Trurich’s liabilities at the end of the financial year 2017 stood at RM214.2 million. The company posted a net loss of RM97.5 million. The carrying value for FGV’s 50% stake was RM137.1 million.
The 50% stake acquisition could cost the pilgrim fund as much as RM350 million
https://themalaysianreserve.com/2018/07/13/tabung-haji-to-buy-fgvs-50-interest-in-trurich/
2019-04-23 21:10 | Report Abuse
THEY ARE MANY SOHAI PEOPLE . .SIMPLY ABUSE AND POST IN I3
2019-04-23 21:10 | Report Abuse
FGV, Lembaga Tabung Haji mull up to US$1bil Indonesia sale
HOW MUCH THE ONE OFF GAIN FROM THE DISPOSAL AT USD 1 BIL?
2019-04-23 20:48 | Report Abuse
USED trading above RM 2.00 when BANDAR MSIA . .on the air. . .
2019-04-23 20:48 | Report Abuse
NTA = 0.9800
Share price below NTA
Time to go more. .
2019-04-23 20:44 | Report Abuse
what if Mukhriz Mahathir take the block 10% ?
2019-04-23 20:43 | Report Abuse
prospect remains +ve with the BANDAR MSIA
2019-04-23 20:43 | Report Abuse
else , who wanna take at RM 0.90 -1.00 5 days VWAP?
2019-04-22 21:04 | Report Abuse
EKOVEST run mainly due to potential win RM 5-8 bil infra work . .
2019-04-20 19:09 | Report Abuse
KUALA LUMPUR, April 19 — The Ministry of Agriculture and Agro-based Industry (MoA) in collaboration with the Ministry of Economic Affairs will undertake a RM1 billion cash crop project to help restore Felda’s financial health within five years.
Its minister, Datuk Salahuddin Ayub said the decision was made at the meeting of the National Physical Planning Council (NPPC) yesterday with Economic Affairs Minister, Datuk Seri Mohamed Azmin Ali who tabled the new approach.
"To restore Felda’s financial position, perhaps a quarter of the RM1 billion be used to start the project. Indeed these two ministries must cooperate in this effort.
“The MoA has the expertise through agencies such as MARDI (Malaysian Agricultural Research and Development Institute) and FAMA (Federal Agricultural Marketing Authority) which will take on the role of helping Felda and making the cash crop concept a success,” he told a news conference after a Town Hall session with MoA customers, here, today.
Describing the measure as a big challenge for his ministry, Salahuddin said the secretary-generals of both ministries would start the discussion while further measures would be taken at the ministerial level to help Felda increase its income.
On April 10, Mohamed Azmin had tabled the Felda White Paper themed ‘Towards Felda’s Sustainability’ in Parliament which explains the issues faced by Felda and its restoration plan to win back public confidence in the agency and to safeguard the interest of the settlers.
Salahuddin who earlier attended the Meet-the Customers programme organised by FAMA, said he received various feedback from local entrepreneurs towards helping this group expand their businesses.
He said FAMA needed to improve the online business platform, www.agrobazaar.com.my, “as online sale is the trend now and has high potential to assist local entrepreneurs market their products at a higher level”.
Meanwhile, FAMA chairman, Ishak Ismail said sales via the agrobazaar portal reached RM4.5 million last year involving 4,840 registered marketers.
“Online marketing is a popular sales medium now due to the fast and convenient transactions with delivery service also provided,” he added. — Bernama
2019-04-20 15:19 | Report Abuse
physical buying of palm oil and palm oil products among Muslim countries, including some provinces in China would increase as the fasting month of Ramadan nears
2019-04-18 23:36 | Report Abuse
KUALA LUMPUR – Felda Properties Sdn Bhd (Felda Properties) tidak menerima sebarang tuntutan sebanyak RM4 juta seperti yang didakwa oleh syarikat Abu Johan Aboo Backer (AJAB).
Ketua Pegawai Eksekutif Kumpulan FGV Holdings Berhad (FGV), Datuk Haris Fadzilah Hassan berkata, syarikat tersebut merupakan kontraktor kepada Felda Properties yang dilantik untuk menyiapkan baki kerja-kerja Projek Perumahan Warga Felda di Chuping, Perlis yang gagal disiapkan oleh kontraktor utama, Gema Kukuh Sdn. Bhd.
“Namun pihak AJAB didapati telah melanggar syarat-syarat dalam perjanjian kontrak sehingga kontrak syarikat berkenaan ditamatkan oleh Felda Properties pada 9 Julai 2018,” katanya dalam kenyataan.
Felda Properties merupakan anak syarikat FGV.
Kenyataan tersebut dikeluarkan bagi menjelaskan dakwaan AJAB bahawa FGV telah gagal melangsaikan baki bayaran RM4 juta yang tertangguh sejak sembilan bulan lalu selepas kontrak syarikat itu ditamatkan.
Menurut pengarah syarikat AJAB, Abu Johan Aboo Backer, sekiranya gagal mendapatkan bayaran itu, pihaknya tidak menolak untuk membawa perkara tersebut ke mahkamah.
Menurut Haris, sebagai syarikat yang bertanggungjawab, FGV hanya akan memenuhi tuntutan yang sah dan mematuhi syarat-syarat kontrak.
Tambah beliau, Projek Perumahan Warga Felda dimiliki Felda manakala Felda Properties telah dilantik sebagai konsultan untuk menguruskan projek berkenaan.
Katanya, FGV melihat kenyataan media yang dikeluarkan AJAB sebagai dakwaan tidak berasas dan ia memberi kesan
negatif kepada syarikat. – MalaysiaGazette
https://malaysiagazette.com/blog/2019/04/18/felda-properties-tak-terima-tuntutan-ajab-langgar-syarat-kontrak-fgv/
2019-04-18 23:36 | Report Abuse
Felda Properties tak terima tuntutan, AJAB langgar syarat kontrak – FGV
2019-04-18 22:31 | Report Abuse
GOOD FOR FGV AND CPO RELATED COMPANIES
2019-04-18 18:19 | Report Abuse
http://www.bursamalaysia.com/market/listed-companies/company-announcements/6130565
First time saw KWAP bought FGV after months.
.
2019-04-18 18:10 | Report Abuse
China 'keen' to buy more Malaysian palm oil
Read more at https://www.thestar.com.my/business/business-news/2019/04/18/china-keen-to-buy-more-malaysian-palm-oil/#TZtJggDmRMlSCSmM.99
2019-04-18 10:37 | Report Abuse
.
Share price naik, despite kena sued by MULTAZAM DEVELOPMENT SDN. BHD .
.
2019-04-16 23:35 | Report Abuse
根据现在的土地租赁合约,自2012年起,FGV需要支付每年2.5亿令吉的固定租赁费,为期99年。惟在2012年谈判土地租赁合约时,原棕油价格为每吨2千843令吉,而截至本月10日,原棕油价格已降至每吨2千零47令吉。
此外,FGV也承诺向FELDA支付15%的房地产利润。作为一家上市公司,FGV对土地租赁合约的任何拟议修订,都需要寻求股东的批准。
2019-04-16 23:33 | Report Abuse
the LLA, FGV is required to pay a fixed lease payment of about RM250 million per year for 99 years, commencing from 2012. The RM250 million is paid irrespective of prevailing crude palm oil prices. In 2012 when the LLA was negotiated, average CPO price was RM2,843 per MT. CPO price on 10 April 2019 was RM2,047 per MT.
Additionally, FGV has committed to pay FELDA a 15% share of estate operating profits. For the total sum FGV has paid FELDA after its listing, see table below.
2019-04-16 18:05 | Report Abuse
http://www.klsescreener.com/v2/news/view/516273/commodities-japan-looking-to-secure-malaysian-cpo
Commodities: Japan looking to secure Malaysian CPO
2019-04-16 17:21 | Report Abuse
JAKARTA: Indonesia's Rajawali Group on Tuesday denied that its PT Eagle High Plantation Tbk BWPT.JK unit was pursuing legal action over Malaysian palm oil plantation agency Felda's plan to walk back on a US$500mil purchase of a stake in the unit.
"Felda and Rajawali, or any subsidiary of Felda or Rajawali, are not or have never been engaged in any court proceeding," Rajawali said in the statement.
A Malaysian official last week said that Eagle High had decided to contest Felda's decision to walk back from its purchase of the stake in arbitration. - Reuters
Read more at https://www.thestar.com.my/business/business-news/2019/04/16/eagle-high-says-not-taking-legal-action-against-felda/#6KDTemMAHA3flBBK.99
2019-04-16 15:04 | Report Abuse
FGV and has upgraded the stock to “buy” with a target price of RM1.75.
2019-04-16 15:04 | Report Abuse
The stock trades at 0.9 times book [value] or -1 standard deviation since 2015, and is the lowest in our Malaysian plantation universe. FGV is our top pick for the sector
2019-04-14 23:09 | Report Abuse
Bad for FGV ?
FGV is required to pay a fixed lease payment of about RM250mil per year for 99 years, commencing from 2012
Additionally, FGV has committed to pay Felda a 15% share of estate operating profits
Read more at https://www.thestar.com.my/business/business-news/2019/04/13/fgv-sees-urgent-need-to-discuss-land-lease-deal/#sKOXPjhsW8CoBpbC.99
2019-04-11 22:17 | Report Abuse
.
Will profit taking continue tomorrow on FGV ?
Support at RM 1.20 ?
.
2019-04-10 23:24 | Report Abuse
Tomorrow challenge 1.38 -1.40 range .
2019-04-10 19:02 | Report Abuse
PAKATAN HARAPAN MESTI TANGKAP NAJIB DAN SITAKAN KESEMUA HARTA KELUARGA NAJIB serta merta !
2019-04-10 19:00 | Report Abuse
https://www.theedgemarkets.com/article/azmin-ali-claims-almost-rm3b-used-buy-support-ge14
About RM2.7 billion of the RM10.5 billion generated from the listing of FGV Holdings Bhd was misused to secure political support ahead of the 14th general election
2019-04-10 18:59 | Report Abuse
In 2014, Rajawali's net capital asset was only US$7.2 million. How can Rajawali buy back the EHP stake at US$505.4 million
https://www.theedgemarkets.com/article/rajawali-blocking-felda-exercising-put-option-ehp-deal-%E2%80%94-azmin-ali
2019-04-10 15:24 | Report Abuse
For a start, a total of 3,000 settlers in the Segamat region have received settler loan statements in this new format before being implemented in other Feldas
Stock: [FGV]: FGV HOLDINGS BERHAD
2019-04-23 21:20 | Report Abuse
Assuming EV RM 40 k / ha planted area
42,000 ha * RM 40k = USD 420 mil
USD 1 bil - siapa mahu beli?
Soalannya , how much FGV will receive ? 1 off gain berapa ?