FGV Felda Global Ventures (5222) EGM 2025 Door Gift 🌴🌴 - Oil Plantation Giant - last AGM before privatization

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FGV Holdings Berhad successfully concluded its 17th Annual General Meeting (AGM) and an Extraordinary General Meeting (EGM) on 26 June 2025, with full shareholder approval for all resolutions. 

During the recent EGM, shareholders approved a key step toward the privatization of FGV Holdings Berhad, with the Federal Land Development Authority (FELDA) offering RM1.30 per share to acquire the remaining shares it does not already own. This move signals FELDA’s intention to take full control of FGV, consolidating ownership to streamline governance and drive long term strategic transformation.  

In my view, FGV has destroyed shareholder value. It was listed at RM4.50 during its IPO, and now it’s being taken private for just RM1.30 a steep drop that shows how much value has eroded over the years.


Attendees received door gifts, fried rice seasoning, a bottle of Saji cooking oil, and a packet of Prai sugar.

For FY2024, FGV posted a 14% year-on-year increase in revenue to RM22.16 billion and a profit after tax and minority interest of RM276 million, driven by operational gains and a rebound in its sugar segment. Highlights included yield improvements, new product launches, and the rollout of automation technologies. Social impact was also prioritized through migrant worker reimbursement and youth training initiatives. With eyes on long-term resilience, the Group plans to focus on operational excellence, advanced technology, and expansion into high-value segments amid ongoing global volatility. These strategies are detailed in the newly released Annual Report 2024 titled Harnessing Potential.