...1.0 Strength of Felda Global Ventures Holding Bhd(FGVH) FGVH is a global agribusiness group with operations in over 10 countries though its key operating assets are mostly in Malaysia. It is the third largest palm oil estate operator in the world and, through 49%-associate Felda Holdings Berhad, is the world’s largest CPO producer and the second largest Malaysian palm oil refiner. The group is the largest sugar refiner in Malaysia through MSM Holdings. The group’s dominant position in the palm oil space provides it with better economies of scale. There are plans to expand its agribusiness to ASEAN and Africa and build its downstream value-add. We expect the group to leverage its links with the government in its pursuit of overseas M&As. 1.1Room for growth There is scope to improve its estate yields and oil extraction rates at its mills by replanting old trees with higher-yield seeds and consolidating the management of its estates. The group plans to improve its estates’ age profile over the next five years through more aggressive replanting. Plans are also underway to merge the management of its smaller estates to reduce costs. We estimate every 1 tonne/ha gain in FFB yields would add 6% to its FY13 net profit forecast. Felda settlers already enjoy income from their own land and good dividends from their investments in Koperasi Permodalan Felda (KPF). What the listing will provide is wealth-creation opportunities from exposure to the largest palm oil producer in the world...
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...Penubuhan dan Matlamat | | | Lembaga Kemajuan Tanah Persekutuan atau FELDA telah ditubuhkan pada 1 Julai 1956 di bawah Ordinan Kemajuan Tanah (Land Development Ordinance) 1956. Fungsi FELDA yang diperuntukkan di bawah Akta (Pindaan 1991) adalah seperti berikut : | | * Menjalankan dan melaksanakan projek pembangunan tanah. | * Memaju, memudah dan melaksanakan pembangunan, pengurusan dan perkhidmatan ekonomi, sosial, | * pertanian, penempatan, perindustrian dan komersial serta aktiviti sampingan yang lain di kawasan dimana FELDA diberi kuasa melaksanakan projek pembangunan tanah atau kawasan yang dimiliki oleh FELDA dan syarikatnya. | * Melaksanakan kegiatan yang dapat membantu memodenkan sektor pertanian di kawasan dimana FELDA | * diberi kuasa mentadbirnya terutama dalam kegiatan yang berkaitan dengan pengeluaran, pemprosesan dan pemasaran hasil keluaran pertanian dan ternakan. | * Membantu, membimbing, menasihati, mengurus dan menyelaraskan kegiatan-kegiatan sosial penempatan, | * pertanian, industri dan komersial dalam kawasan FELDA. | * Mulai bulan April 2004, FELDA diletakkan di bawah Jabatan Perdana Menteri dan menteri yang bertanggungjawab ke atas FELDA ialah Y.A.B. Dato' Sri Mohd Najib Tun Abdul Razak, Perdana Menteri Malaysia | | Logo FELDA | | | Lembaga pengarah | Tan Sri Mohd Isa Abdul Samad Pengerusi FELDA AHLI-AHLI12 1. Y. Bhg. Dato’ Dzulkifli Abd Wahab ...
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