FGV Annual Report 2014

Key Initiatives No. Initiatives Status Overall Progress 1 Commercialisation of new generation, higher-yielding compact palm planting material Completed – 400,000 seeds available to FGVPM in 2014 100% 2 Production of new rubber planting materials Completed 100% 3 Palm Downstream: Product development for Adela's Vanaspati (vegetable ghee) Completed – Vanaspati (vegetable ghee) released as a product in July 2014 100% 4 Target cost savings through collaboration with external parties Completed – RM2 million saved through collaboration 100% 5 Develop new compound fertiliser for sub-soil manuring of oil palm (relevant for FGV plantations) Completed – Revenues from new product expected in 2015 100% Felda Global Ventures Holdings Berhad pg 88 BUSINESS OPERATIONS REVIEW R&D AND AGRI SERVICES