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FGV achieves 100% MSPO certification
KUALA LUMPUR: FGV Holdings Bhd has announced that all of its 68 mills and 173 estates covering 373,517ha of land in the country are now fully certified under the Malaysian Sustainable Palm Oil (MSPO) certification Malaysian Standard MS 2530:2013.KUALA LUMPUR: FGV Holdings Bhd has announced that all of its 68 mills and 173 estates covering 373,517ha of land in the country are now fully certified under the Malaysian Sustainable Palm Oil (MPSO) certification Malaysian Standard MS 2530:2013.
FGV returns to profit in Q4
PETALING JAYA: FGV Holdings Bhd has returned to the black after six consecutive quarters of losses, posting a net profit of RM75.79mil for the fourth quarter ended Dec 31,2019.
FGV records 4Q net profit of RM75.79mil
KUALA LUMPUR: FGV Holdings Bhd returned to profit in the last three months of 2019, as higher palm oil prices and significantly reduced operating cost halted the planter's three straight quarters of losses.
FGV buys 60% stake in Bright Cow producer RedAgri for RM10mil
KUALA LUMPUR: FGV Holdings Bhd is venturing into the dairy farm business with the purchase of a majority stake in a fresh milk producer.
FGV says blow to China, India sales is ‘temporary’
KUALA LUMPUR: The double whammy to palm oil demand from a trade spat with India and the coronavirus in China is likely to prove only temporary, according to FGV Holdings Bhd, one of the world’s largest producers.
Palm giant says blow to China, India sales is ‘temporary’
KUALA LUMPUR/BEIJING: The double-whammy to palm oil demand from a trade spat with India and the coronavirus in China is likely to prove only temporary, according to FGV Holdings Bhd, one of the world’s largest producers.
FGV says blow to China, India sales temporary
KUALA LUMPUR: The double-whammy to palm oil demand from a trade spat with India and the coronavirus in China is likely to prove only temporary, according to FGV Holdings Bhd., one of the world’s largest producers.
FGV’s Trurich assets to be sold by Q1 next year
KUALA LUMPUR: The bidding process for FGV Holdings Bhd’s plantation assets in Indonesia under Trurich Resources Sdn Bhd has been completed, with the disposal expected to be completed by the first quarter of 2020.
FGV narrows losses in 3Q, expects higher CPO to boost outlook
KUALA LUMPUR: FGV Holdings Bhd narrowed its losses in the third quarter ended Sept 30,2019 with net losses at RM262.41mil compared with RM849.46mil a year ago but it expects its operational numbers to improve due to better crude palm oil (CPO) prices.
FGV slashes chairman’s fee
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.