Felda Global Ventures

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Media Release: FGV To Purchase Up To 10% Of Shares For Employee Incentive Scheme

Global Agri-Business Giant Establishes Long Term Incentive Plan To Attract And Reward Top Talent

KUALA LUMPUR, 10 FEBRUARY 2016 – Felda Global Ventures Holdings Berhad (FGV) has announced that it is establishing a Long Term Incentive Plan (LTIP) in the form of its first employee share grant scheme for eligible employees of FGV and its subsidiaries.

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Media Statement: New levy for foreign workers

GROUP PRESIDENT / CHIEF EXECUTIVE OFFICER

Date:   3 February 2016

Subject: New levy for foreign workers

 

Felda Global Ventures Holdings Berhad (FGV) appeals for the Government to reconsider its decision to increase the levy for foreign workers in the plantation sector effective 1 February 2016. The new levy imposed for workers in the plantation sector is a significant jump of 154% from RM590 to RM1, 500, an increase of RM910.

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