Posted by Victor Yong > 2019-01-23 11:26 | Report Abuse

palm oil is the backbone of the Malaysian economy..... second largest producer in the world... :)

Posted by Victor Yong > 2019-01-23 11:27 | Report Abuse

if palm oil also tak jadi, tak tahu apa lagi Malaysia ada competitive or comparative advantage :)

Posted by Victor Yong > 2019-01-23 11:28 | Report Abuse

if fgv gagal, ramai penduduk luar Bandar akan menganggur :( so, a must to make it a success story

Posted by Victor Yong > 2019-01-23 11:29 | Report Abuse

the rising share price of fgv is also a good motivation for the planters .... bagus

Posted by Tongkarat > 2019-01-23 11:31 | Report Abuse

Mambang sawit still holding the ground....

Posted by Ubah_ > 2019-01-23 11:36 | Report Abuse

Change govn is not easy. How PH can still rule in GE15?

Posted by Ubah_ > 2019-01-23 11:37 | Report Abuse

Cameron also need change?

Posted by Victor Yong > 2019-01-23 11:39 | Report Abuse

FGV cant fail, otherwise the unemployment rate will rise rapidly :)

Posted by Victor Yong > 2019-01-23 11:51 | Report Abuse

:)

SINGAPORE (Jan 23): Palm oil may test a resistance at RM2,274 per tonne, a break above which could lead to a gain to the next resistance at RM2,304. These resistances are identified as the 238.2% and the 261.8% projection levels on an uptrend from RM1,979.

A confirmed wedge has turned out to be a more bullish pennant, which suggests a target of RM2,390. This is in line with the technical readings on the daily chart.

Palm oil escaped from a falling channel. A duplicated channel indicates a target at RM2,431, which is slightly above RM2,390. These two targets will be temporarily aborted should the contract fall below RM2,246, the 86.4% projection level of a downward wave (C).

(Wang Tao is a Reuters market analyst for commodities and energy technicals. The views expressed are his own. No information in this analysis should be considered as being business, financial or legal advice. Each reader should consult his or her own professional or other advisers for business, financial or legal advice regarding the products mentioned in the analyses.)

Posted by Tongkarat > 2019-01-23 12:15 | Report Abuse

Kopang gibing kopang gibing kopang gibing

Posted by Tongkarat > 2019-01-23 12:16 | Report Abuse

Gibing gibing gibing gibing gibing gibing

Posted by Jiahui Foo > 2019-01-23 12:34 | Report Abuse

Mambang & biawak can now sleep under sawit tree, zzzzzzzzz.............

Posted by Tongkarat > 2019-01-23 12:46 | Report Abuse

Mambang sawit mau tidor sama Jiahui Foo....

Posted by Tongkarat > 2019-01-23 12:52 | Report Abuse

Mambang sawit lunch sawit dulu.....

Posted by Tongkarat > 2019-01-23 12:53 | Report Abuse

Lepas lunch....sambung main kompang lagi...

Posted by 鹅麟依旧≈ 扫地僧 > 2019-01-23 12:54 | Report Abuse

Appointed Datuk Haris as new CEO

Posted by Victor Yong > 2019-01-23 12:58 | Report Abuse

rm1.08, can be realised soon :) new CEO is coming :)

We maintain HOLD on FGV with a fair value of RM1.08/share, which is 0.7x of FGV’s book value of RM1.54/share as at end-FY17. FGV’s book value was RM1.30/share as at endSeptember 2018.
Source: AmInvest Research - 15 Jan 2019

Posted by 鹅麟依旧≈ 扫地僧 > 2019-01-23 13:00 | Report Abuse

Already announced before Azahar resignation

Posted by Victor Yong > 2019-01-23 13:02 | Report Abuse

FGV was once Asia’s largest initial public offering in 2012. Its share price has since plummeted to a record low of 63 sen in the last 52 weeks, a far cry from the excitement of its RM4.55 debut.

https://themalaysianreserve.com/2019/01/18/mrt-corps-haris-fadzilah-is-new-fgv-ceo/

Posted by Sinoboy > 2019-01-23 13:03 | Report Abuse

Hmmm, fgv resurgence?

Posted by Victor Yong > 2019-01-23 13:06 | Report Abuse

hopefully takda privatization, too quick :)

Last month, The Edge Malaysia weekly reported that the White Paper on Felda will include three proposals, namely the improvement of its management, the privatisation of FGV Holdings Bhd and the merging of Felda and the Federal Land Consolidation and Rehabilitation Authority Bhd (Felcra).

http://www.theedgemarkets.com/article/feldas-transformation-plan-be-implemented-over-three-phases

Posted by char1234 > 2019-01-23 13:08 | Report Abuse

cld be ...soooo cheap.

Posted by enid888 > 2019-01-23 13:21 | Report Abuse

The new CEO knows what is expected from him. He has to ensure that FGV is focusing on its core businesses, Plantation and Sugar Refinery. Any unrelated business needs to be sold and the money should be used to replant and grow the core businesses. Just do this and FGV will be revived and profitable easily and rapidly.

Posted by enid888 > 2019-01-23 13:23 | Report Abuse

FGV balance sheet is still fairly strong. Just do the right thing and the company will be growing. Share price will rise.

Posted by Victor Yong > 2019-01-23 13:26 | Report Abuse

after lunch break, naik lagi :)


Flash
FGV announces Haris Fadzilah Hassan's appointment as CEO today
theedgemarkets.com


January 23, 2019 12:56 pm +08

FGV announces Haris Fadzilah Hassan's appointment as CEO today

Posted by Victor Yong > 2019-01-23 13:28 | Report Abuse

after new ceo, another news will be azmin's plan for felda/fgv at parliament soon :) more and more good news ..bagus

Posted by pang72 > 2019-01-23 13:32 | Report Abuse

New CEO, new blood...

Duit kor,
Ada start goreng kah

Posted by enid888 > 2019-01-23 13:36 | Report Abuse

After that, privatisation.

Posted by enid888 > 2019-01-23 13:42 | Report Abuse

They need to privatise FGV to restructure its parent company, Felda. FGV has no problem but Felda (unlisted entity) needs to be restructured. That is the main reason privatisation will definitely go on, just like what happened to MAS a few years ago.

Posted by pang72 > 2019-01-23 13:45 | Report Abuse

Privatise minimum rm1.30 le

Posted by 129055444514385 > 2019-01-23 13:47 | Report Abuse

Surely, there will be a premium if privatization e.g. oldtown recenly.

pang72 Privatise minimum rm1.30 le

Posted by fire38211 > 2019-01-23 13:48 | Report Abuse

please go 1.5

Posted by 129055444514385 > 2019-01-23 13:52 | Report Abuse

Possible, net assets per share at Rm1.30 :)

Posted by fire38211 > Jan 23, 2019 01:48 PM | Report Abuse

please go 1.5

Posted by 129055444514385 > 2019-01-23 13:56 | Report Abuse

management team sudah sempurna... :)

FGV appoints Haris Fadzilah Hassan as group CEO
Author: savemalaysia | Publish date: Wed, 23 Jan 2019, 01:45 PM

KUALA LUMPUR: FGV Holdings Bhd has appointed Datuk Haris Fadzilah Hassan as group chief executive officer with effect from Wednesday.

FGV said the board also welcomed three new members of the management team. They are Datuk Mohd Hairul Abdul Hamid, Mazri Abdul Rahim and Dr Christina Ooi Su Siang.

This would see Datuk Wira Azhar Abdul Hamid, who was the interim group CEO, relinquishing the post and return to his original role in FGV as chairman.

“As a listed company FGV has a responsibility to its shareholders to create and deliver value. The Transformation Plan that we have in place today sets the direction for the company and our management team lead by Haris, will drive FGV forward. I have full confidence in their ability to deliver results,” Azhar said.

“Haris comes to FGV with 28 years of experience in the corporate sector, especially in strategy and change management. Most recently, he was director, commercial & land management in Mass Rapid Transit Corporation Sdn Bhd (MRT Corp) and a key member of the team that successfully completed MRT Corp’s phase 1, under budget and ahead of schedule,” he said.

Prior to MRT Corp, Haris worked in the plantation industry in various leadership roles, first with Golden Hope Plantations Bhd as head of strategy and business development, and subsequently with Sime Darby Plantation Bhd as head of its downstream operations.

FGV said Haris years of experience in the plantation industry and his expertise in change management are crucial skillsets to drive FGV’s transformation plan and to deliver on aggressive targets that have been set by the board.

Haris obtained his Master of Business Administration from the University of Miami, US with a double major in International Business Management and Management Information Systems.

Mohd Hairul, an accountant by training, and has several years of experience in effective financial and tax management having served most recently as chief financial officer (CFO) in MRT Corp.

Mazri served in the area of human resources for various multinationals throughout his career, which included postings in Europe and in Asean. He has served fast moving consumer goods manufacturers in several areas, including HR operations, compensation and benefits, and organisational development.

As for Ooi, she brings to FGV, more than two decades of procurement management experience, notably in procurement transformation management, another critical part of FGV’s recovery and transformation plan.

https://www.thestar.com.my/business/business-news/2019/01/23/fgv-appoints-haris-fadzilah-hassan-as-group-ceo/

Posted by 129055444514385 > 2019-01-23 14:10 | Report Abuse

5222 FGV FGV HOLDINGS BERHAD
MEDIA RELEASE

OTHERSFGV HOLDINGS BERHAD - MEDIA RELEASE - FGV Appoints New Group Chief Executiveand Key Members of Senior ManagementYou are advised to read the entire contents of the announcement or attachment.To read the entire contents of the announcement or attachment, please accessthe Bursa website at http://www.bursamalaysia.com


23/01/2019 12:58 PM


Ref Code: 201901233000034

12:49PM FGV Appointment of HARIS FADZILAH BIN HASSAN As Chief Exec Officer

12:37PM FGV Resignation of AZHAR BIN ABDUL HAMID As Chief Exec Officer

Posted by Jiahui Foo > 2019-01-23 14:15 | Report Abuse

Bye2 star CEO azhar!

Posted by 129055444514385 > 2019-01-23 14:15 | Report Abuse

Terbaik!

MEDIA RELEASE
FGV appoints new Group Chief Executive and key members
of Senior Management
KUALA LUMPUR, 23 JANUARY 2018 - The Board of FGV Holdings Berhad is pleased to
announce the appointment of Dato’ Haris Fadzilah Hassan as Group Chief Executive Officer
with effect from 23 January 2019. The Board is also pleased to welcome three new members
of the management team, namely, Dato’ Mohd Hairul Abdul Hamid, Mazri Abdul Rahim and
Dr Christina Ooi Su Siang.
Mazri joined the FGV Group as Chief Human Resources Officer on 19 November 2019. Mohd
Hairul was appointed Group Chief Financial Officer on 2 January 2019 and Dr Christina came
in as Chief Procurement Officer on 15 January 2019.
“On behalf of the Board, I am pleased to welcome the new members of FGV’s management
team. They bring to the table, a range of expertise and experience, and the essential
capabilities well-managed organisations look for in their leadership,” FGV Chairman Datuk
Wira Azhar Abdul Hamid said. He added that diversity in its leadership is important to ensure
the success of FGV. “We were looking for the best and most qualified candidates who can
serve FGV and its shareholders well.”
Haris comes to FGV with 28 years of experience in the corporate sector, especially in strategy
and change management. Most recently, he was Director, Commercial & Land Management
in Mass Rapid Transit Corporation Sdn Bhd (MRT Corp) and a key member of the team that
successfully completed MRT Corp’s phase 1, under budget and ahead of schedule. Prior to
MRT Corp, Haris worked in the plantation industry in various leadership roles, first with
Golden Hope Plantations Berhad as Head of Strategy and Business Development, and
subsequently with Sime Darby Plantation Berhad as Head of its Downstream Operations. His
years of experience in the plantation industry and his expertise in change management are
crucial skillsets to drive FGV’s transformation plan and to deliver on aggressive targets that
have been set by the Board. Haris obtained his Master of Business Administration from the
University of Miami, USA with a double major in International Business Management and
Management Information Systems. He also has Senior Leadership Certifications from Harvard
Business School and Columbia Business School.
Mohd Hairul, an accountant by training, and has several years of experience in effective
financial and tax management having served most recently as Chief Financial Officer (CFO) in
MRT Corp. Prior to MRT Corp he was the CFO of Sime Darby’s Energy & Utilities Division and
Sime Darby Plantation Berhad. Mohd Hairul is a Fellow of the Association of Chartered
Certified Accountants as well as a Member of the Malaysian Institute of Accountants.

Mazri has served in the area of Human Resources for various Multinationals throughout his
career, which included postings in Europe and in ASEAN countries. He has served Fast Moving
Consumer Goods Manufacturers in several areas, including HR Operations, Compensation
and Benefits, and Organizational Development. In addition, Mazri has served Malaysian GLCs
in the telecommunications and banking sectors. He obtained his Bachelor of Business
Administration, with a major in Personnel & Industrial Relations from the University of North
Texas, USA, and has a Senior Leadership Certification Programme from IMD Lausanne,
Switzerland and INSEAD Business School of the World, Singapore.
Dr Christina brings to FGV, more than two decades of procurement management experience,
notably in procurement transformation management, another critical part of FGV’s recovery
and transformation plan. Her professional experience has been with global and regional
organizations across Asia Pacific in various industries – technology, telecommunications and
aviation. Dr Christina is an acknowledged expert in her field, having successfully developed
and implemented transformational strategies to successfully revamp procurement processes
in the organisations she had served. She and her teams have won accolades and recognition
from the procurement fraternity, both globally and in the Asia Pacific region. Dr Christina
holds a Ph.D in Law from University of Malaya, Master of Laws and Master of Business
Administration, and has two first degrees, in Law and in Communications. She is a certified
Advocate & Solicitor of the High Court of Malaya and was an Advisory Board Member of the
International Institute for Advanced Purchasing and Supply.
“As a listed company FGV has a responsibility to its shareholders to create and deliver value.
The Transformation Plan that we have in place today sets the direction for the company and
our management team lead by Haris, will drive FGV forward. I have full confidence in their
ability to deliver results,” Azhar said.

Posted by 129055444514385 > 2019-01-23 14:18 | Report Abuse

Ya, Azhar, saya percaya, your action speaks louder than words :)

“As a listed company FGV has a responsibility to its shareholders to create and deliver value.
The Transformation Plan that we have in place today sets the direction for the company and
our management team lead by Haris, will drive FGV forward. I have full confidence in their
ability to deliver results,” Azhar said.


DATUK WIRA AZHAR BIN ABDUL HAMID 14-Dec-2018 Acquired 50,000 -
DATUK WIRA AZHAR BIN ABDUL HAMID 12-Dec-2018 Acquired 100,000 -
DATUK WIRA AZHAR BIN ABDUL HAMID 05-Dec-2018 Acquired 50,000 -
DATUK WIRA AZHAR BIN ABDUL HAMID 30-Nov-2018 Acquired 50,000 -
DATUK WIRA AZHAR BIN ABDUL HAMID 29-Nov-2018 Acquired 100,000 -
DATUK WIRA AZHAR BIN ABDUL HAMID 27-Jun-2018 Acquired 100,000 -
DATUK WIRA AZHAR BIN ABDUL HAMID 19-Mar-2018 Acquired 50,000 -

Posted by Jiahui Foo > 2019-01-23 14:28 | Report Abuse

Should jerk up to 1, to welcome new CEO lah.....

Posted by Good123 > 2019-01-23 14:29 | Report Abuse

ok buy

Posted by 8888_ > 2019-01-23 14:31 | Report Abuse

Haris Fadzilah from Sime Darby Plantation?

Posted by Tongkarat > 2019-01-23 14:31 | Report Abuse

Believe in mambang sawit....

Posted by Tongkarat > 2019-01-23 14:32 | Report Abuse

Mambang sawit from kebun sawit

Posted by 129055444514385 > 2019-01-23 14:32 | Report Abuse

I like the new mgmt team e.g. experience, qualifications, etc.... thumb up :)

Posted by 8888_ > 2019-01-23 14:33 | Report Abuse

Can FGV chase Sime Plant RM 5?

Posted by Tongkarat > 2019-01-23 14:33 | Report Abuse

Vast experience in sawit products...

Posted by Tongkarat > 2019-01-23 14:35 | Report Abuse

Mambang sawit can shoo shoo away biawak and ular sawit

Posted by Good123 > 2019-01-23 14:45 | Report Abuse

the best top mgmt team, last time, politicians, now professionals to run

Posted by Jiahui Foo > 2019-01-23 14:45 | Report Abuse

Can ask mambang pisang to help also.......

Posted by Good123 > 2019-01-23 14:47 | Report Abuse

investors' confidence will be boosted further