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Business

More goodies in store for sustainable palm oil

KUALA LUMPUR: The government is ready to dish out additional incentives to encourage oil palm planters to embrace the Malaysian Sustainable Palm Oil (MSPO) certification, which is aimed at boosting the crop’s profile in the global market.

Business

FGV Holdings on track to become high performing company, chairman says

KUALA LUMPUR: FGV Holdings Bhd is on track to becoming a high performing company as it improves its operational performance and ensuring the creation of much value as possible, its chairman Datuk Wira Azhar Abdul Hamid said in his second letter to all shareholders on Friday.

Business

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

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.

Business

Short Position

Uphill task in Tasek’s privatisationAS perplexing as it may sound, companies with a small free float of shares are difficult takeover targets. The cost incurred by the major shareholder to take the company private is little.

Business

CIMB Research cautions negative impact if Felda ends LLA with FGV

KUALA LUMPUR: CIMB Equities Research is cautious if the Federal Land Development Authority (Felda) terminates the land lease agreement (LLA) with FGV Holdings Bhd.

Business

CIMB Research: Termination of LLA ‘negative’ for FGV

KUALA LUMPUR: CIMB Equities Research is cautious if the Federal Land Development Authority (Felda) terminates the land lease agreement (LLA) with FGV Holdings Bhd.

Business

FGV shareholders reject directors’ fees

KUALA LUMPUR: In an unprecedented move, the major shareholders of FGV Holdings Bhd – the Federal Land Development Authority (Felda), the Armed Forces Fund Board (LTAT) and Koperasi Permodalan Felda Malaysia Bhd (KPF) – gunned down resolutions pertaining to the fee payment of its board members at the company’s AGM held here yesterday.

Business

Still room for discussion over FGV directors' benefits, says deputy minister

KUALA LUMPUR: Deputy Economic Affairs Minister Mohd Radzi Md Jidin said there is still room to discuss the move by the major shareholders of FGV Holdings Bhd to reject the resolutions related to the payment of fees and benefits to the company’s board of directors.

Business

Bakke back to Felda, a homecoming at crucial and challenging time

KUALA LUMPUR, June 26 (Bernama) - It is a sort of homecoming for Tan Sri Mohd Bakke Salleh after he has been appointed to succeed Tan Sri Megat Zaharuddin Megat Mohd Nor as the chairman of the Federal Land Development Authority (FELDA), albeit at a crucial and more challenging time.

Business

Bakke back to helm Felda amid challenging times

KUALA LUMPUR: Tan Sri Mohd Bakke Salleh has been appointed to succeed Tan Sri Megat Zaharuddin Megat Mohd Nor as the chairman of the Federal Land Development Authority.