FGV chairman: Firm cannot depend only on earnings from CPO sales


  • Business
  • Saturday, 22 Jun 2019

Azhar: CPO production and average CPO cost, excluding mill, have improved and all these are positive signs.

KUALA LUMPUR: FGV Holdings Bhd will make key announcements by the end of the year with regard to certain broad measures as the company cannot continue to be price takers, at the mercy of international commodity pricing.

In his second letter to shareholders, FGV chairman Datuk Wira Azhar Abdul Hamid said even as it strives to fix past issues, FGV has to realise its full potential.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

MIDF boosts security after cyber Incident
Gas Malaysia distribution adjusts tariff down
RHB IB expects 4.2% y-o-y for 1Q GDP print
Miti closely monitoring situation in Middle East for possible escalation in conflict
Ringgit continues to appreciate vs USD at close
Fajarbaru wins RM13.33mil contract from Malaysia Airports
Fitters Diversified bags RM26.1mil subcontract from IJM Construction
CIMB Thai 1Q net profit dips 24.6% to 626.1 million baht
Maxis ready to build another 5G network, fully supports govt 5G delivery model
Iconic Worldwide raises RM95.6mil in oversubscribed rights issue

Others Also Read