FGV Holdings Berhad refers to the letter from the Complaints Panel (CP) of the Roundtable on Sustainable Palm Oil (RSPO), dated 13th January 2020 and the findings contained therein. FGV takes note of the seven non-compliances highlighted by the CP and offers clarifications, as listed in the table below, in the column under status/remarks. (more…)Read more
World-renowned Chef is now the face of FGV’s new blended cooking oil
KUALA LUMPUR, 13 January 2020 – Delima Oil Products Sdn. Bhd. (DOP), a subsidiary company of FGV Holdings Bhd. (FGV) today announced the appointment of Chef Martin Yan as the brand ambassador for its recently launched ADELA Gold blended cooking oil.Read more
To the shareholders of FGV Holdings Berhad:
As 2020 dawns with expectations of higher commodity prices in a persistently uncertain operating environment, I look back on an eventful 2019 for FGV with a combination of pride and frustration.
Indeed, I am proud of the gargantuan effort to turn FGV around, with many colleagues working tirelessly over the last 15 months to deliver results. However, just as there were those who showed their true mettle during such a challenging period, there were others who disappointed. These few failed to be stirred out of their comfort zones, adding to the frustration of low commodity prices and markets that were stacked against us for most of 2019. Your Board is certainly aware of the next steps that must be taken to ensure that FGV is supported by the right people to take it forward. (more…)Read more