FGV'S corporate restructuring brings positive impact to Felda

KUALA LUMPUR: As the biggest shareholder in FGV Holdings Bhd (FGV), the Federal Land Development Authority (Felda) will ensure that the company operates excellently based on the best management and brings optimum returns.

Felda said FGV, which is listed on the Main Board of Bursa Malaysia, needs a board of directors (BOD) that is experienced and skillful, that is responsible for formulating sustainable growth strategies as well as drive the company towards excellence for the benefit of the agency and its stakeholders.