FGV Annual Report 2015

69 WHO WE ARE & WHAT WE DO OUR STRATEGIC INTENT & PERFORMANCE HOWWE ARE GOVERNED CREATING SUSTAINABLE VALUE OUR NUMBERS ADDITIONAL INFORMATION DETAILS OF THE ANNUAL GENERAL MEETING ADDRESSING OUR RISKS & OPPORTUNITIES Felda Global Ventures Holdings Berhad Annual Integrated Report 2015 Investor Relations The Investor Relations function is central in providing an effective two-way communication between FGV Group and the investment community. Since our listing in 2012, we have strived hard to realise the aspirations of becoming a truly global agriculture powerhouse by the year 2020. In 2014, the commodities market witnessed a downturn on a global scale. The high exposure faced by the Group’s share price to commodity price movements generated a lot of interest among analysts and investors alike. Despite the odds, the Investor Relations team worked hard to expand the current Shareholder base, maintaining the confidence and coping with swift market development. Moving forward, the Investor Relations team aims to be more proactive in managing the Group’s value with the investment community. The Year under Review During the year under review, the Group further enhanced its Transformation Programme to streamline the business further. This effort was complemented by Cost Optimisation Exercise across the entire business chain, Best Management Practices (BMP) at plantations and business units. A new business model focusing on cost excellence, asset-backed trading and improved capital efficiency was also put in place as a part of this initiative. Apart from that, we continued our aggressive replanting exercise to achieve an optimal palm tree age profile by year 2020. This is on top of other initiatives taken to improve yield and reduce CPO production costs. To achieve this and enhance Shareholder value, the Investor Relations team is exploring the possibility of using several financial instruments such as the American Depositary Receipt (ADR) platform to allow FGV access to North American equities market. ADR is a stock that trades in the United States but represents a share in a foreign corporation. ADRs are bought and sold on American stock markets just like regular stock, and are issued in the U.S. by a bank or brokerage. Building on this and the challenging yet interesting market development, the Investor Relations team actively engaged with the investment commodity, both local and foreign, to provide clarity and consistently update them on FGV Group’s performance. Institutional investors and analysts were presented with various platforms to continuously interface with senior management. These events were led by the Group President/Chief Executive Officer and Chief Financial Officer, supported by the Investor Relations team and selected members of Palm Upstream and Downstream, Trading, Marketing and Logistics, Sugar, R&D and Agri-services as well as the Rubber Clusters. Summary of Investor Relations Activities Year 2014 2015 Number of briefings to analysts and fund managers 4 6 Site visits to Group’s facilities 5 1 Number of conferences organised by financial institutions 5 2 Number of analysts/fund managers met during in-house meetings and conferences 340 242