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.
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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