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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.
Felcra to rebuild its cash position
PETALING JAYA: Felcra Bhd is currently reviewing several options, including a proposed bond issuance and an outright sale of non-performing assets, to rebuild its depleting cash position.
Palm oil watchdog to create separate standards for smallholders - Indonesia director
JAKARTA (Reuters) - A global palm oil industry watchdog is planning a separate standard for smallholders to help them adopt sustainable practices and get green certification, the Indonesian director of the Roundtable on Sustainable Palm Oil (RSPO) said.
Oriental sees higher CPO yields on new planting
GEORGE TOWN: Oriental Holdings Bhd is looking to deliver higher oil yields by planting additional oil palm trees in Indonesia and replanting ageing trees in Malaysia.
FGV set to record profit in Q1 on efforts to optimise costs
PETALING JAYA: FGV Holding Bhd’s restructuring plan, which took off in January, could very well bear fruit in the first quarter of the year itself.
Earnings recovery ahead for TSH Resources
KUALA LUMPUR: PublicInvest Research sees an earnings recovery for TSH Resources in 2019 after a dismal performance last year.
Felda gets lifeline
THE turnaround plan for ailing government agency, the Federal Land Development Authority (Felda), has shifted into high gear.
New Felda schemes targeted for settlers
PETALING JAYA: The Federal Land Development Authority (Felda), under its new business model, will introduce many schemes that will aid settlers by addressing their income, housing needs and human capital development.
Weak financials a key challenge
PETALING JAYA: Felda is now faced with the challenge of stabilising its current weak financial position, while pursuing the penerokas’ (settlers) socio-economic development agenda.
New business model by Felda
KUALA LUMPUR: Felda will formulate a new business model where the government will manage the settlers land through a long-term rental arrangement. New cash crops would be planted, all aimed at generating higher incomes for Felda settlers, said the White Paper.
