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SINCE the 2016 Brexit vote, the United Kingdom (UK) has experienced enough upheavals
KUALA LUMPUR: The five-month impasse at FGV Holdings Bhd involving the payment of fees to its chairman and non-executive directors has been resolved, following an EGM here yesterday.
KUALA LUMPUR: The shareholders of FGV Holdings Bhd have finally given the green light for the chairman's fee, which was cut by 50% to RM300,000 per year.
Although Malaysia ranks fairly well in the global food security index, it appears to lack the capacity to produce all of its food needs, especially agricultural produce, to fully support its population of 32 million.
OVER the past two years, there has been a drastic slowdown in the oil palm replanting activities in the country, no thanks to the weak crude palm oil (CPO) prices.
StarBizWeek caught up with FGV Holdings Bhd group chief executive officer Datuk Haris Fadzilah Hasan in his office at Wisma FGV, Kuala Lumpur recently.
IT has been a collage of issues that have dragged FGV Holdings Bhd into the mire in recent years.
Hong Kong is in technical recession, while Singapore narrowly evaded one, charting a growth of a measly 0.1% in the third quarter. The United States, Europe and Britain are all experiencing a slowdown in the economy.
KUALA LUMPUR: FGV Holdings Bhd transformation plans are expected to gradually bear fruit, while potentially higher CPO prices and a turnaround in the sugar business could also lend a boost a earnings, says Affin Hwang Capital research.