FGV Holdings Berhad

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FGV Holdings Berhad
Publicly traded government-linked investment company
Traded as MYX: 5222
ISIN MYL5222OO004
Industry Agriculture
Founded 19 December 2007; 10 years ago (2007-12-19)[1]
Headquarters Kuala Lumpur, Malaysia
Key people
Revenue Decrease RM12,568.008 million (2013)[2]
Increase RM1,463.243 million (2013)[2]
Increase RM1,107.039 million (2013)[2]
Total assets Increase RM20,734.388 million (2013)[2]
Total equity Increase RM8,944,537 million (2013)[2]
Parent Federal Land Development Authority
Website feldaglobal.com

FGV Holdings Berhad[a] (Abbreviation: FGV, sometimes FGVH; or formerly Felda Global Ventures Holdings Berhad; MYX: 5222) 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.[3] Its initial public offering in 2012 was the third largest in the world that year after Facebook and biggest IPO in Asia with $3.1 Billion.[4][5]

It is the third largest palm oil company in the world by planted acreage.[4] 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.[6]

On July 3, 2018, the company dropped the phrase "Felda Global Ventures" from their corporate name and renamed as FGV Holdings Berhad.[7][8]

Notes[edit]

  1. ^ The company also known as Felda Global on their official website.

References[edit]

  1. ^ "Milestones - About FGV - Our Organisation | Felda Global Ventures". Retrieved 31 March 2014. 
  2. ^ a b c d e "Condensed Consolidated Financial Statements For The Financial Year Ended 31 December 2013" (PDF). Felda Global Ventures Holdings. 26 February 2014. Retrieved 31 March 2014. 
  3. ^ "Official Website"
  4. ^ a b "Felda Global Ventures' RM10bil IPO 2nd biggest in world this year after Facebook". The Star Online. Retrieved 2 February 2017. 
  5. ^ "Felda Raises $3.1 Billion in Asia's Biggest I.P.O." Retrieved 6 May 2018. 
  6. ^ Zaidi Isham Ismail. "RM342m gain for FGV from stake sale". Business Times. Retrieved 14 April 2013. 
  7. ^ "Felda Global Ventures Holdings Bhd is now FGV Holdings Bhd". New Straits Times. 3 July 2018. Retrieved 30 July 2018. 
  8. ^ "Felda Global Ventures Holdings kini FGV Holdings Bhd". Berita Harian. 3 July 2018. Retrieved 30 July 2018. 

External links[edit]