FGV Annual Report 2014

Felda Global Ventures Holdings Berhad (FGV or the Group) is one of Malaysia's leading global diversified agri-businesses operating under six main business Clusters: Palm Upstream, Palm Downstream, Rubber, Sugar, R&D and Agri Services, and Transport, Logistics, Marketing and Others (TLMO). Currently, FGV is the world’s largest producer of crude palm oil (CPO) and the third largest oil palm plantation operator. With operations in more than 10 countries across North America, Europe, Asia and the Middle East, FGV aspires to be one of the top 10 agri- business conglomerates in the world by 2020. The Palm Upstream Cluster is FGV’s largest revenue earner and forms the core of the company. With a total land bank of more than 450,000 hectares, Palm Upstream is responsible for FGV’s status as the world’s largest CPO producer which produces more than three million tonnes of CPO annually. The Palm Downstream Cluster protects the upstream operations by providing a guaranteed uptake of products. Leveraging on its secured pipeline of CPO feedstock, the Cluster is now venturing into more innovative and wider profit margin products such as biodiesel, tocotrienol, graphene and carbon nanotubes. These will open new markets for FGV in higher growth industries including aviation, defense and oil & gas. Moving in parallel to these products, FGV is increasing its market share in oleochemicals, oils and fats, and fast moving consumer goods. The Rubber Cluster is an important component of its crop diversification programme. With almost 60 years of experience in the rubber plantation sector, FGV is able to tap into a wealth of knowledge to access the growing global market for processed rubber. Its market-leading rubber processing operations are backed by proven rubber estate management and advisory services credentials. The Sugar Cluster contributes further to the company’s successes. Through its subsidiary MSM Malaysia Holdings Berhad (MSM), FGV is Malaysia’s leading refined sugar producer. FGV commands more than 64 percent of the local refined sugar market with an annual production capacity of over 1.1 million tonnes. Based on double digit growth of global sugar demand and FGV’s expansion through acquisitions and joint ventures with regional powerhouses, MSM is poised to become Asia-Pacific’s largest sugar hub. Palm Upstream Palm Downstream Sugar Rubber Research & Development (R&D) and Agri-Services Transport, Logistics, Marketing and Others (TLMO) Felda Global Ventures Holdings Berhad pg 2 COMPANY PROFILE