Institutional shareholders flex their muscles


  • Business Premium
  • Saturday, 29 Jun 2019

FGV chairman, Datuk Wira Azhar Abdul Hamid said FGV would be able to work with DCE to grow beyond China and to support its plans to accelerate the process of delivering physical palm oil to buyers.

Shareholders, especially institutional ones, are beginning to flex their muscles on the remuneration of boards of directors – something quite rare in corporate Malaysia previously.

This week, major shareholders of FGV Holdings Bhd voted against its directors’ remuneration and perks at a five-hour AGM.

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