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.

Celebrate Merdeka with 50% Off!
T&C applies.

Monthly Plan

RM13.90/month
RM6.95 only

Billed as RM6.95 for the 1st month then RM13.90 thereafters.

Annual Plan

RM12.33/month
RM6.17/month

Billed as RM78 for the 1st year then RM148 thereafters.

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

Oil extends recovery to cap volatile week
Boeing workers going on strike after 96% vote for walkout
China to implement zero tariffs for LDCs
Malaysia says its tech boom will withstand US election ripples
PGF Capital acquires Kulim land for RM40mil to boost insulation production
No major change expected in chip industry post-US elections - Tengku Zafrul
Seal's unit secures RM645mil contract from Sabah Electricity
Hong Leong Asset Management appoints Chue Kwok Yan as CEO
FBM KLCI climbs 8 points as momentum builds
Chinese EV companies in negotiations to invest in Perlis

Others Also Read