FGV Annual Report 2014

Operational Review A number of our achievements in 2014 are as follows: – Felda Transport achieved a breakthrough in a Mega Infrastructure project and B30 biodiesel trial. • Felda Transport secured Mass Rapid Transit (MRT) and Tenaga Nasional Berhad (TNB) contracts under Multimodal Transport Operator (MTO) business, worth RM56 million, to deliver heavy equipment. The MTO business is an important revenue generator for Felda Transport as it contributes about 30 percent to the Company's revenues. This segment of business is growing as it involves non-palm oil internal products. The MTO is heavily involved in external logistics of heavy industries like Defence & Aviation, Energy & Utility, MRT, Automobiles, Manufacturing, Oil & Gas, Communications and others. • Felda Transport was the first Malaysian company to conduct tests on a biodiesel blend that is four times higher than the B7 biodiesel currently mandated by the Government. – FJB Group completed a capacity expansion project in September 2014 by adding 12,600 metric tonnes to the Terminal 3 facility, bringing the new total capacity (liquid) to 890,650 metric tonnes. New business from 10 new customers contributed to a total volume of 176,951 metric tonnes. These include three new overseas customers namely Gunvor PV (Switzerland), Cenoko Pte Ltd and Ibris Pte Ltd (Singapore). – New Broadband and Disaster Recovery Centre for Felda Prodata. – Felda Travel introduced Premium and Exclusive Travelling Packages, including premium Umrah and Haj packages. – Felda Engineering secured major infrastructure contracts: 79 packages of Pahang Phase IV water supply projects worth RM374 million. Looking forward – In 2015, we are looking to establish our trading and tolling business under FGV Trading. The New Trading Model was conceived under FGV Trading as to expand the current trading business. We will do this by firstly trading various types of edible oils, sourcing from both internal and external parties, and later driving towards becoming a multi commodity player. Felda Global Ventures Holdings Berhad pg 92 BUSINESS OPERATIONS REVIEW TLMO