• Completed felling of 13,127 Ha and replanted 2,815 Ha landbank. • Expansion of mechanisation areas to 30,391 Ha, making a total of 115,000 Ha fully mechanised using the Mechanical Assisted Infield Collection method. • Applied 297,178 MT of fertilisers, equivalent to 100% coverage. • Saji ranked #7 topmost chosen FMCG brands in Malaysia, based on Kantar’s Asia Brand Footprint 2021. • Recorded highest oleochemical storage throughput handled of 0.95 million MT. • Introduced cold chain transportation services and acquired 10 refrigerated trucks. • Expanded FGV transport’s fleet capacity to 549 units to strengthen operations. • Penetrate into Oil and Gas Industry - awarded Telecommunication Infra & System Maintenance (TISM) contract for Petronas Refinery & Petrochemical Corporation (PRPC) • Gula Prai ranked #3 topmost chosen FMCG brands in Malaysia, based on Kantar’s Asia Brand Footprint 2021. • Secured refined sugar supply contract with The Coca-Cola Company worth an estimated RM290 million for domestic and international production. • Signed agreement with Wilmar to collaborate in the establishment of a sustainable sugar supply chain. • FELDA emerged as the largest shareholder of FGV with total shareholding of 79.80% as of 31 December 2021. • Launched RM500 million Sukuk Murabahah programme, which indicates confidence in FGV’s balance sheet. • Paid windfall tax of RM184 million based on high CPO price recorded during the year. • Contributed around RM15 million for CSR related activities. PLANTATION LOGISTICS & OTHERS SUGAR CORPORATE FGV’s 2021 10 FGV HOLDINGS BERHAD ABOUT FGV MANAGEMENT DISCUSSION & ANALYSIS VALUE CREATION
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