Press Centre

FGV Signs an MOU with China Machinery Engineering Corporation – Jointly establish EFB based paper pulp production facilities

KUALA LUMPUR 18 DEC 2018 – FGV Holdings Berhad (FGV) has signed a Memorandum of
Understanding (MoU) with the China Machinery Engineering Corporation (CMEC) with the
aim to explore the feasibility of a joint venture or other collaborations that primarily
involves the establishment of paper pulp production facilities, as well as the potential
distribution and commercialisation of the paper pulp business to the global market.

(more…)

Read more

FGV Holdings Berhad (FGV) refers to the decision by the Complaints Panel (CP) of the Roundtable on Sustainable Palm Oil (RSPO), issued on 28th November 2018

KUALA LUMPUR, 30 NOVEMBER 2018 – FGV has frozen all new recruitment of workers from external contractors across its operations, with immediate effect. This freeze will only be lifted when the company is satisfied beyond any doubt that contractors are strictly adhering to all FGV’s internal policies, guidelines and standard operating procedures. FGV will also revise with immediate effect, the benefits enjoyed by its plantation workers and will absorb the costs of basic necessities, including food supplies given to its workers.

(more…)

Read more

FGV incurs a loss of RM911 million, including impairment of RM788 million

KUALA LUMPUR, 28 NOVEMBER 2018 – FGV Holdings Berhad (FGV) has recorded loss before zakat and tax (LZBT) of RM911 million for its third quarter ended September 2018. This loss includes impairment amounting to RM788 million. LBZT before impairment came in at RM123 million, which compares to the profit before zakat and tax for the previous corresponding quarter was RM118 million. (more…)

Read more
Our Latest
Tweet Feeds
Follow us in Twitter
Tweet Feeds
Follow us in Twitter