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1-10 results from 252 for query «fgv»

September 4, 2018 6:57 AM Primary Industries Minister says will work with FGV to develop downstream palm oil segment

PETALING JAYA: Primary Industries Minister Teresa Kok has met with FGV Holdings Bhd and is willing to work with the company in relation to developing the downstream palm oil segment. Kok said at a press conference during International Strategy Institute's Corporate Malaysia Summit 2018, that the ministry is willing to work with FGV Holdings if the has company 53

August 28, 2018 3:47 PM FGV in the red in Q2 on lower CPO prices, higher cost

PETALING JAYA: FGV Holdings Bhd swung into the red in the second quarter ended June 30, 2018, registering a net loss of RM23.23 million versus a net profit of RM37.26 million in the previous corresponding quarter, dragged down by lower crude palm oil (CPO) prices and productivity, higher production cost as well as higher share of losses from joint ventures 10

June 26, 2018 11:06 AM Not a political appointee, MSM chairman claims

KUALA LUMPUR: As speculation is rife that more heads of government-linked companies will roll or be removed, MSM Malaysia Holdings Bhd Chairman Datuk Wira Azhar Abdul Hamid today claimed he was not a political appointee. "As far as I am concerned, I exist to serve MSM in my capacity as chairman. The question of whether I am safe or not, really depends 13

May 14, 2018 1:19 PM FGV disposes of non-core chemical firm for RM145m

PETALING JAYA: Felda Global Ventures Holdings Bhd (FGV) is disposing of its 30% stake in Taiko Clay Chemicals Sdn Bhd for RM145 million, as part of the group’s efforts to dispose of non-core businesses. FGV told Bursa Malaysia that its 72%-owned subsidiary Felda Palm Industries Sdn Bhd, which in turn a wholly owned subsidiary of FGV, yesterday entered 14

March 30, 2018 11:37 AM FGV claiming RM45.2 million outstanding payment from Safitex

PETALING JAYA: Felda Global Ventures Holdings Bhd's (FGV) subsidiary Delima Oil Products Sdn Bhd (DOP) is seeking US$11.7 million (RM45.2 million) from Safitex General Trading LLC in Dubai. DOP is also demanding 12% interest per annum from the date of the filing of the Safitex suit until payment is made in full. In a filing with Bursa Malaysia, FGV said DOP has commenced 13

March 28, 2018 8:21 AM Selangor state assembly rejects EC’s redelineation exercise

SHAH ALAM, March 28 — The Selangor state assembly today voted to condemn and reject the Election Commission’s (EC) redelineation report that would see major changes in the state’s constituencies. Bukit Gasing assemblyman Rajiv Rishyakaran, who raised the motion, said the EC’s proposal to redraw constituency boundaries will only give Barisan Nasional 31

February 23, 2018 1:11 PM FGV not affected by EU ban on palm oil

Felda Global Ventures Holdings Bhd CEO and president Datuk Zakaria Arshad speaks at a press conference in Kuala Lumpur February 23, 2018. ― Picture by Yusof Mat IsaKUALA LUMPUR, Feb 23 — The European Union’s (EU) plan to phase out palm-oil based biofuel from its energy mix from 2021 will not affect Felda Global Ventures Holdings Bhd (FGV) as its export 21

February 22, 2018 3:25 AM Rafizi's conviction among reasons for M'sia's drop in CPI ranking: TI-M

KUALA LUMPUR: The recent conviction of lawmaker Rafizi Ramli for whistle-blowing is among the reasons that affected Malaysia's global anti-corruption scores. Malaysia dropped to 62nd place for the 2017 rankings among 180 countries in the Corruption Perception Index (CPI) from 55th in 2016. "The reason is simple. The 1Malaysia Development Berhad (1MDB) issue 16

January 5, 2018 5:05 AM Isa Samad summoned by police over Felda land deal

KUALA LUMPUR: Former Felda chairman Tan Sri Mohd Isa Abdul Samad was summoned to the Commercial Crime Investigation Department (CCID) headquarters this morning to have his statement recorded over the ownership of four parcels of Felda land in Jalan Semarak. "I can confirm that Tan Sri Isa arrived at about 10.30am today with an entourage of four people 17

January 3, 2018 8:30 AM FGV receives RSPO certification for eight mill complexes

KUALA LUMPUR, Jan 3 — Felda Global Ventures Holdings Bhd (FGV) has received the Roundtable Sustainable Palm Oil (RSPO) Principles and Criteria (P&C)certification for eight mill complexes at the end of 2017. In a statement today, it said the eight mill complexes were expected to produce over 200,000 tonnes of Certified Sustainable Palm Oil (CSPO) and almost 11