We refer to the report “FGV Attracts Suitors” published by The Star on 28 July 2016
The Board of Directors of Felda Global Ventures Holdings Berhad (FGV) wishes to inform that the Company is not aware of any potential suitors either from Tradewinds or other companies. Any interest is a testament that FGV is a world class company with a positive outlook.
We continue to focus on maximising our internal capabilities and ensuring profitable growth through initiatives such as reducing our production and operational costs.
Our commitment is to capitalise and leverage our existing assets, optimise current investments and streamline complexity in our processes. The goal is to get the most from past investments and improve our profitability by the end of 2016.
FGV GROUP PRESIDENT & CHIEF EXECUTIVE OFFICER
Dato’ Zakaria Arshad