Fgv Trading Sdn Bhd
Our trading business is operated by our subsidiary fgv trading sdn.
Fgv trading sdn bhd. Fgv s headquarters located in wisma fgv will be closed from 7 december 20 december 2020 and will resume operations on 21 december 2020. Fgv iffco sdn bhd formerly known as felda iffco sdn bhd is a joint venture company between fgv holdings berhad fgv and iffco holdings limited iffco. Apr 2019 kini 1 tahun 5 bulan. This is in line with the enforcement of conditional movement control order in kuala lumpur to prevent the spread of the covid 19 outbreak.
Fgv iffco is a global leader in the production of palm oils and fats and its derivatives. Bhd s business includes buying and selling of commodity products either through physical or paper transactions carrying on marketing activities and undertaking if investment activities. Assuring all trades are registered and properly recorded. Is a company registered with suruhanjaya syarikat malaysia and and is issued with the registration number 1108816 u for its business operation.
Handling and manage paper pkpg and fcpo for hedging against physical purchase and sales. Fgv trading sdn bhd. Just in october tycoon tan sri syed mokhtar albukhary s perspective lane m sdn bhd plsb expressed interest to participate in fgv via an injection of plantation assets for shares. This partnership between fgv one of the world s largest plantation companies and crude palm oil cpo producers and iffco.
Trading volume has not been heavy but checks on bursa malaysia reveal that the ministry of finance s urusharta jamaah sdn bhd ujsb has been nibbling at the company s shares. Trading of the plantation stock which had. Kuala lumpur dec 9 all eyes are set on fgv holdings bhd s shares today hours after the federal land development authority felda announced its proposal to take over fgv at rm1 30 a share or 2 3 per cent above monday closing price of rm1 27. Handling international sales major destination india bangladesh and europe for cnf and fob basis.
The plan was for plsb to inject tradewinds plantation bhd for a controlling block of shares in fgv but some sources privy to the details of the asset injection questioned his valuation of tradewinds plantation. During the week in review ujsb acquired 3 58 million fgv shares to increase its shareholding to 301 19 million shares or 8 26.