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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.
FGV shareholders give nod to chairman's fee, benefits
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.
No report on FGV units involvement in open burning
KUALA LUMPUR: FGV Holdings Bhd has not received any report of its subsidiaries’ involvement in open burning in Indonesia that has contributed to the haze affecting the region, its group chief executive officer Datuk Haris Fadzilah Hassan said.
No report yet on FGV's subsidiaries involvement in open burning, CEO says
KUALA LUMPUR: FGV Holdings Bhd has not received any report of its subsidiaries involvement in open burning in Indonesia that has contributed to the haze affecting the region, its group chief executive officer, Datuk Haris Fadzilah Hassan
said.
FGV in no hurry to sell stake in MSM
KUALA LUMPUR: FGV Holdings Bhd is not rushing to sell its 51% stake in refined sugar producer MSM Malaysia Holdings Bhd, which has partially widened its net losses in the second quarter ended June 30
FGV Q2 operating profit up 30.4% to RM102.3m on-year
KUALA LUMPUR: FGV Holdings Bhd saw its operating profit climb by 30.4% to RM102.28mil in the second quarter ended June 30, 2019 but a jump in finance costs pushed its bottomline into the red.
FGV wants to remain in the sugar business
PETALING JAYA: While it wants to remain in the sugar business, FGV Holdings Bhd does not rule out the possibility of reducing its stake in its 51%-owned MSM Malaysia Holdings Bhd
Police to summon more people over Nilai murder of elderly couple
NILAI (Bernama): The police will be calling in several more individuals to assist investigations into the death of an elderly couple killed in Taman Desa Melati last Wednesday.
FGV turnaround plan yet to bear fruit
PETALING JAYA: The turnaround plan for FGV Holdings Bhd has yet to bear fruit with its share price likely to stay range-bound.
FGV in talks to sell RM1bil plantation assets in Trurich
KUALA LUMPUR: FGV Holdings Bhd is in negotiations with seven potential buyers to sell its plantation assets worth RM1bil in Trurich Resources Sdn Bhd – its 50:50 joint-venture company with Lembaga Tabung Haji – by end-September.