FGV Annual Report 2014

2010 2010 1956 1971 1978 1995 2011 2007 2004 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. MSM Malaysia Holdings Berhad (MSM Holdings), a subsidiary of FGV, was listed on the Main Market of Bursa Malaysia Securities Bhd. The exercise raised RM796 million. It was the 1st company within the FGV Group to go public in Malaysia. Felda Holdings Sdn Bhd opened a RM25 million Felda Biotechnology Centre in Negeri Sembilan, the largest of its kind in Southeast Asia. FELDA commissioned the Sahabat biomass power plant in Lahad Datu, Sabah – the 1st Clean Development Mechanism (CDM) project in the world that runs entirely on empty fruit bunches (EFB). Formation of Agricultural Services Corporation (now Felda Agricultural Services Sdn Bhd) to produce planting stock for oil palm. FELDA embarked on its 1st joint venture with Perlis Plantations Berhad (PPB) to establish Kilang Gula Felda Perlis Sendirian Berhad (KGFP), a sugar milling and refining facility. The Felda Group became the world’s 1 s t sma l l ho l de r o r gan i s a t i on t o achieve Roundtable o n S u s t a i n a b l e Palm Oil (RSPO) Certification. FGV acquired Malayan Sugar Manufacturing Company Berhad (MSM Co) and Kilang Gula Felda Perlis Sdn Bhd to emerge as Malaysia’s largest sugar producer. LAND OWNERSHIP FELDA PPB RSPO 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 1957-1990. Felda Global Ventures Holdings Berhad pg 6 KEY MILESTONES