Type Public Industry Agriculture Founded 2007 | Traded as MYX: 5222 Headquarters Malaysia | |
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Key people Mohd Isa Dato' Haji Abdul Samad(Chairman)Zakaria Arshad(CEO) Revenue RM12,568.008 million (2013) Operating income Stock price FGV (KLSE) MYR 1.83 -0.01 (-0.54%)10 Mar, 5:00 PM GMT+8 - Disclaimer CEO Zakaria Arshad (1 Apr 2016–) Subsidiaries MSM Malaysia Holdings, Asian Plantations |
most felda staff wary over proposed fgvh listing
Felda Global Ventures Holdings Bhd. (Abbreviation: FGV, sometimes FGVH) is a Malaysian-based global agricultural and agri-commodities company. With operations worldwide, FGV produces oil palm and rubber plantation products, soybean and canola products, oleochemicals and sugar products. Its initial public offering in 2012 was the third largest in the world that year after Facebook.
It is the third largest palm oil company in the world by planted acreage. In Malaysia alone, it controls over 850,000 ha of land, which includes the roughly 500,000 ha that it leases and manages for 112,635 FELDA smallholders.
In its downstream business segment, FGV produces soybean and canola products as well as oleochemicals. FGV has interests in palm oil refineries and downstream processing facilities in Malaysia, Indonesia, China, Turkey and South Africa as well as a facility for other oils and fats in the USA.