FGV is a Malaysia-based agri-business listed on the main market of Bursa Malaysia on 28 June 2012. The initial public offering which was the world’s third largest raised RM10.4 billion. It was initially incorporated as a commercial arm of Federal Land Development Authority (FELDA) in 2007 to oversee investments in the upstream and downstream palm oil businesses as well as other agri-businesses.
FGV is one of the world’s largest producers of crude palm oil (CPO), accounting for about 15% of Malaysia’s total annual production of CPO.
FGV operates in 9 countries across Asia, the Middle East, North America and Europe.
FGV is supported by a strong workforce of more than 45,000 people. We are focused primarily on three core business sectors: Plantation, Sugar, and Logistics.
With 50 years of industry expertise, we are committed to continuously drive a sustainable business, whilst tapping into new revenue streams from the circular economy to create more value.
Focused on 3 core business sectors
To be among the world’s leading, integrated and sustainable Agribusiness that delivers value to customers and stakeholders.
To be a global leader by:
To recruit and retain our best talents, we need the best environment and management to encourage innovation, communication, collaboration and commitment.
Our human capital is the absolute key to our future, and we look to create real tangible value by our superior effort and input, always striving to go beyond the concept of “doing the job” – enjoying what we do and committing to a long term mutually supportive relationship.
Effective corporate governance is critical for us to deliver our long term strategy and create sustainable value for our shareholders.
In line with this, the Group has instituted the Governance and Integrity Framework to instil good governance, highest ethical standards and ensure all operating units adhere strictly to regulatory and statutory requirements such as the Companies Act 2016, Main Market Listing Requirements of Bursa Malaysia, principles of the Malaysian Code of Corporate Governance, Malaysian Anti-Corruption Commission Act 2018 and the ISO 37001:2016 Anti-Bribery Management System (ABMS).
Our core business strength stems from our historic approach to building an integrated value chain where we make the most efficient and effective connections between every aspect of our business, our capabilities and our people.
By managing each stage of the value chain, we ensure sustainably sourced product quality and volume, optimize total margin and offer our clients the product specification and innovation that meets their individual requirements.
Palm oil is our heritage and will always remain our ‘flagship’ product but future investments will also target our growing rubber and sugar businesses.
Other agricultural commodities where we do not have a major presence today also offer significant future opportunities – as do the rapidly developing, profitable, downstream areas such as oleochemicals and specialty fats.
While demand for our products is already international, the market for cultivation, processing and trading of agricultural commodities requires us to be ever more physically present globally. This very diversification allows us to bring to bear our unique heritage, knowledge and experience to create competitive advantage.