FGV Annual Report 2012
14 Felda Global Ventures Holdings Berhad Another key factor moving ahead is FGV’s steadfast commitment to downstream expansion, with a view to diversify and create additional future revenue streams throughout the value chain. This is to fulfill FGV’s long-term vision to be a global player able to exercise control over the entire palm oil supply chain. We are in an enviable position to pursue our growth plans. FGV’s listing has resulted in a war-chest of RM4.5 billion. We have the capital needed to pursue investments into new geographies to strengthen our core plantation business as well as to venture into new businesses to develop further our position as a producer of oils and fats and consumer goods products. There are opportunities to develop high-value end products that would further unlock the value in palm oil. In this regard, FGV’s long history and renowned expertise in R&D makes it well placed to capitalise on innovations and create new opportunities from its stable of businesses. Chairman’s Statement
Made with FlippingBook
RkJQdWJsaXNoZXIy NDgzMzc=