FGV Annual Report 2013

As a newly listed organisation, the Investor Relations function has grown in significance for the group as it provides an important avenue for a two-way communication between the Company and its shareholders. The year 2013 began with the Investor Relations department continuing the activities initiated during the IPO which were aimed at educating stakeholders and the investment community in general of FGV’s business and growth plans. It was a challenging start to the year as we considered and updated analysts and fund managers, the effects of significant events affecting our business, such as the further decline of CPO prices to a low of RM2,157 in 14 January 2014, newly revised CPO export tax duty structure, China Inspection & Quarantine’s imposition of quality imported CPO; the implementation of the minimum wage policy, and particular to FGV, the invasion of “Sulu Army” at Kampung Tanduo resulting in Ops Daulat in Sahabat, Sabah. We also faced various external factors including the general election in 5 May 2013 as well as Indonesia’s new policies with regards to palm oil industry. The second half of 2013 proved more exciting with the eagerly anticipatedannouncementofFGV’sacquisitions,namelytheacquisition of a biodiesel plant in Kuantan, Pahang, 21,037 hectares of land in Kalimantan, Indonesia, the takeover of Pontian United Plantations Berhad involving 15,161 hectares in Sabah and the acquisition of the 51 percent equity in Felda Holdings Berhad fromKoperasi Permodalan Felda. Throughout the year under review, the Investor Relations team actively engaged with the investment community both local and foreign to provideclarityandconsistentupdatesonFGV’sperformance.Institution investors and analysts are provided opportunities to interface with the senior management at events usually led by the Chief Executive Officer, Chief Financial Officer and Chief Strategy Officer, supported by the Investor Relations team and selected members of the plantation, sugar, downstream and R&D and MLO segments. SUMMARY OF INVESTOR RELATIONS ACTIVITIES * Post IPO INVESTOR RELATIONS PERHUBUNGAN PELABUR 2012 * 2013 Number of briefings to analysts and fund managers 2 6 Site visits to Group’s facilities 4 5 Number of conferences organized by financial institutions 4 9 Number of meetings (1-to-1 meetings at conferences and in-house meetings) 89 83 Number of analysts/fund managers met during in house meeting and conferences 234 334 Felda Global Ventures Holdings Berhad 104