Company Overview and News

 
Stock market dips Felcra next? Stake sale must fulfill best practices

2018-10-13 thestar.com.my
THIS week has not been great for stocks. The Dow Jones and S&P 500 have had six consecutive days of straight declines with big plunges on Wednesday and Thursday.
5014 5222 CIMDF 1023 5347 5225 TNABY 6888 MYPRY AXXTF TNABF Q0F IHHHF

 
FGV should turnaround as soon as possible, says Felda chairman

2018-09-20 theedgemarkets
KUALA LUMPUR (Sept 20): Felda Global Ventures Holdings Bhd's (FGV) largest shareholder Federal Land Development Authority (FELDA) said it hopes for its unit to turnaround as soon as possible, particularly within the next six months to one year.
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Zakaria says relinquished position, not sacked from FGV board

2018-09-13 malaymail
PORT KLANG, Sept 13 — President and Chief Executive Officer (CEO) of Felda Global Ventures Holdings Bhd (FGV), Datuk Zakaria Arshad, today refuted claims that he has been fired as member of the board of directors of the agro-based company.
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FGV appoints former Bursa CEO Yusli to its board

2018-09-07 theedgemarkets
KUALA LUMPUR: FGV Holdings Bhd, formerly known as the Felda Global Ventures Holdings Bhd, has appointed former Bursa Malaysia Bhd chief executive officer (CEO) Datuk Yusli Mohamed Yusoff and Datin Hoi Lai Ping to its board of directors.
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FGV appoints former Bursa CEO Yusli to its board

2018-09-06 theedgemarkets
KUALA LUMPUR (Sept 6): FGV Holdings Bhd, formerly known as the Felda Global Ventures Holdings Bhd, has appointed former Bursa Malaysia Bhd chief executive officer Datuk Yusli Mohamed Yusoff, and Datin Hoi Lai Ping to its board.
BSMAF 5222 1818

 
FGV slips into the red in 2Q, sees challenging outlook ahead

2018-08-28 theedgemarkets
KUALA LUMPUR (Aug 28): FGV Holdings Bhd slipped into the red in the second quarter ended June 30, 2018 (2QFY18), with a net loss of RM23.23 million, compared with a net profit of RM37.26 million a year ago.
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FGV seeks advice on possible legal recourse as forensic probe reveals 'adverse findings'

2018-08-28 theedgemarkets
KUALA LUMPUR (Aug 28): FGV Holdings Bhd revealed yesterday that forensic investigations into six transactions and investment decisions undertaken previously had exposed the group to significant financial loss.
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A reality check for Felda

2018-08-18 thestar.com.my
Debt facility: Felda headquarters in Kuala Lumpur. It is believed that Felda has to take out a loan amounting to about RM2bil from a local banking group to finance its purchase of Eagle High Plantations.
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LTAT shake-up in the offing

2018-08-18 thestar.com.my - 1
ARMED Forces Fund Board (LTAT) is expected to face a shake-up that includes the departure of its long-serving chief executive officer Tan Sri Lodin Wok Kamaruddin, according to people familiar with the matter.
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Felda has to seek govt assistance as it is facing cashflow problem

2018-08-16 thestar.com.my
Asset disposal: Workers unload oil palm fruits from a lorry at a Felda factory in Trolak, Perak. Strengthening the agency’s cashflow position will likely include the disposal of non-strategic assets such as properties, both locally and abroad, as well as other non-performing businesses.
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Mohd Bakke to bring vast experience to palm oil industry

2018-08-06 thestar.com.my
“He(Mohd Bakke pic) had served many plantation companies including that of president and group chief executive of Sime Darby Bhd,” Phillip Futures Sdn Bhd dealer, David Ng said.
SMEBF 4197 BSMAF 5222 1818

 
Mohd Bakke is new MPOB chairman

2018-08-06 malaymail
KUALA LUMPUR, Aug 6 — Malaysian Palm Oil Board (MPOB) today appointed Tan Sri Mohd Bakke Salleh as its new chairman for a two-year term, effective July 31, succeeding Datuk Ahmad Hamzah.
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Mohd Bakke is new MPOB chairman

2018-08-06 theedgemarkets
KUALA LUMPUR (Aug 6): Tan Sri Mohd Bakke Salleh has been appointed as chairman of the Malaysian Palm Oil Board (MPOB) for a two-year term, effective July 31, 2018.
SMEBF 4197 5222

 
C4 calls for Khazanah appointments to be done by a committee

2018-08-02 theedgemarkets
KUALA LUMPUR (Aug 2): The Center to Combat Corruption and Cronyism (C4) has called for appointments to the board of Khazanah Nasional Bhd to be done by a committee, to ensure cronyism is avoided.
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More IPOs expected in 2H

2018-07-31 theedgemarkets
KUALA LUMPUR: The number of initial public offerings (IPOs) on Bursa Malaysia in the second half of 2018 (2H18) is expected to be higher than that of last year, but with less funds raised.
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