Felda Global Ventures Holdings Sdn Bhd was incorporated in Malaysia as a private limited company, a wholly owned subsidiary of Federal Land Development Authority (FELDA) on 19 December 2007 to operate as the commercial arm of FELDA for overseas investments in upstream and downstream palm oil businesses as well as other agribusinesses.
The Land Development Ordinance 1956 came into force on 1 July and FELDA was established with a starting capital of RM10 million. A total of 112,635 Settlers were taken in between…
FELDA embarked on its first joint venture with Perlis Plantation Berhad (PPB) to establish Kilang Gula Felda Perlis Sendirian Berhad (KGFP), a sugar milling and refining facility.
Formation of Agricultural Services Corporation (now Felda Agricultural Services Sdn Bhd) to produce planting stock for oil palm.
FELDA established an investment co-operative (Koperasi Permodalan Felda or KPF) to provide settlers and FELDA employees opportunities to invest in FELDA companies.
Felda Rubber Corporation Industries (now Felda Rubber Industries Sdn Bhd) was set up to operate rubber processing factories and produce latex concentrate and rubber.
FELDA HOLDINGS SDN BHD (now Felda Holdings Bhd or FHB) was set up as FELDA’s commercial arm. All Felda companies and corporations became subsidiaries under FHB.
FELDA commissioned the Sahabat biomass power plant in Lahad Datu, Sabah – the first Clean Development Mechanism (CDM) project in the world that runs entirely on empty fruit bunches (EFB)….
FELDA incorporated Felda Global Ventures Holdings Sdn Bhd (FGV) to operate as a commercial arm for FELDA’s overseas investments in upstream and downstream palm oil businesses as well as other…
FGV acquired FELDA’s investments in North America including Twin Rivers Technologies Holdings Inc. (TRT Holdings).
FGV acquires 50% equity interest in FELDA IFFCO SDN BHD (a joint venture with IFFCO Holdings Ltd) and TRURICH RESOURCES SDN BHD (a joint venture with Tabung Haji).
The Felda Group became the world’s first smallholder organisation to attain the Roundtable on Sustainable Palm Oil (RSPO) Certification.
MSM Malaysia Holdings Berhad, a subsidiary of FGV, was listed on the Main Market of Bursa Malaysia Securities Bhd. The exercise raised RM796 million. It was the first company within…
On 28 June, FGV was listed on Bursa Malaysia. The initial public offering, which was the world’s third largest in 2012, raised RM10.4 billion.
FGV Cambridge Nanosystems Limited (FGV CNS) produces high grade Carbon Nanotube and Graphene. Ties were formed with Lipid Venture Sdn Bhd to produce and market tocotrienol (Vitamin E). Both derived…