Sign up | Log in



Home  >>   Daily News  >>   Malaysia News  >>   Capital Markets  >>   Felda group may list
NEWS UPDATES Asean Affairs     7 October  2011                    

Felda group may list

Related Stories

April 15,2011
Malaysian exchange looking for partners

April 5,2011
Malaysia -London exchanges in talks

April 2,2011
Malaysia bourse to become competitive

March 18,2011
Malaysia capital market hits peak

March 7,2011
New head for Malaysian bourse


The Malaysian market is fielding a rumor that Felda Group's commercial entity will seek listing on Bursa Malaysia, a move that could potentially create the world's largest listed plantation company.

Felda Global Ventures Holdings Sdn Bhd and Felda Holdings Bhd which are collectively known as Felda Global Group are cash-generating units of the Federal Land and Development Authority (Felda).

The Felda Group has a staggering plantation size of 850,000 hectares.

Its closest rival is Sime Darby Bhd with a plantation land bank totalling 647,373ha in Malaysia and Indonesia (excluding its recent 63-year concession to develop 220,00ha in Liberia, West Africa for palm oil and rubber plantations).

In terms of annual crude palm oil (CPO) production, Felda produces about 3 million tonnes while Sime Darby manages 2.4 million tonnes of the world's total CPO production every year.

An industry source said the potential listing could be any one of the major commercial bodies, namely Felda Global Ventures or Felda Holdings, or both.

Felda Holdings had previously been identified for a listing but it never materialised.

He pointed out that the successful listing of Felda Group's sugar unit MSM Malaysia Holdings Bhd in June could be spurring Felda to list its main commercial assets.

Felda Global Group president and chief executive officer Datuk Sabri Ahmad said recently that Koperasi Permodalan Felda (KPF), which is owned mostly by the settlers, had made a paper gain of RM300mil from the MSM IPO from its 20 percent stake in the latter.

Reach Southeast Asia!
10- Nations, 560- Million Consumers
And $1 -Trillion Market
We are the Voice of Southeast Asia Media Kit
The only Media Dedicated to Southeast Asia Advertising Rates for Magazine
  Online Ad Rates

Comment on this Article. Send them to

Letters that do not contain full contact information cannot be published.
Letters become the property of AseanAffairs and may be republished in any format.
They typically run 150 words or less and may be edited
submit your comment in the box below




1.  Verifier

1. Verifier

For security purposes, we ask that you enter the security code that is shown in the graphic. Please enter the code exactly as it is shown in the graphic.
Your Code
Enter Code

Today's  Stories    7  October  2011 Subsribe Now !
• Radicalisim declining in Indonesia Subcribe: Asean Affairs Global Magazine
• Power cuts in Java Asean Affairs Premium

• Felda group may list

Research Reports
on Thailand 2007-2008

•Textiles and Garments Industry

•Coffee industry

•Leather and footwear industry

•Shrimp industry

• Malaysia foresees 5-6 percent growth
• Philippines growth rate cut
• Thai government tries to stop floods
• King approves Thai broadcast commission
 p  pp

Asean Analysis              7  October  2011

Advertise Your Brand
• Tsunami warning is tested Sponsor Our Events

Asean Stock Watch      October  2011

• Asean Stock Watch-October 7 p

ASEAN NEWS UPDATES      Updated: 04 January 2011

 • Women Shariah scholars see gender gap closing
• Bank Indonesia may hold key rate as inflation hits 7 percent

• Bursa Malaysia to revamp business rules
• Private property prices hit new high in Singapore
• Bangkok moves on mass transport
• Thai retailers are upbeat
• Rice exports likely to decline
• Vietnamese PM projects 10-year socioeconomic plan


This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More


Home | About Us | Contact Us | Special Feature | Features | News | Magazine | Events | TV | Press Release | Advertise With us

| Terms of Use | Site Map | Privacy Policy  | DISCLAIMER |

Version 5.0
Copyright © 2006-2020 TIME INTERNATIONAL MANAGEMENT ENTERPRISES CO., LTD. All rights reserved.
Bangkok, Thailand