FGV Annual Report 2014

Key Initiatives No. Initiatives Status Overall Progress 1 FGV Trading – Establish a new trading arm by 2015 FGV Trading officially starts its maiden business on 4 February 2015 100% 2 Felda Transport – Implementing variable cost reduction plan in the areas of tyres, diesel, maintenance/repair – target RM3.9 million Ongoing On-track 3 Felda Transport – Expands MTO business into Oil & Gas Sector, in line with diversification plans Ongoing – Have entered into several O&G tenders in 2014 On-track 4 FJB Group – Implementing cost saving practices and optimise tank utilisation Completed – RM38 million realised in 2014, new cost saving program to be implemented for 2015 100% 5 FJB Group – Increasing bulking throughput of high value products, i.e. oleochemicals and biodiesel, to increase revenues Completed 100% Introduction Performance Highlights About FGV Reports Financial Statements Others Strategy and Value Creation Performance Review & Progress Foreword to Shareholders Annual General Meeting Annual Report 2014 pg 93