is ramping up the production of banana, bamboo, coconut and paddy planting materials to meet the increasing domestic demand for crop farming activities.
“Utilising the right planting material is one of the main factors that determine the success of commercial crop production.
“The increase in demand from customers showcases our ability in offering various high-quality products through in-depth research in tissue culture, state-of-the-art research & development (R&D) infrastructures as well as over 50 years of experience in clonal research,” FGV Group CEO Datuk Haris Fadzilah Hassan said in a statement.
FGV said the production of banana clonal varieties is targeted at two million this year, doubling up from last year’s one million banana clones produced to cater to the rising demands for the Berangan, Cavendish and Tanduk species.
PETALING JAYA: FGV Holdings Bhd is extending its Covid-19 screening programme to cover all migrant plantation workers employed within its plantations,.
(FGV) has set its sights on expanding its downstream segment through value-added offerings to the Asia-Pacific region with more new plant-based industrial products.
It said on Wednesday its subsidiary, Delima Oil Products Sdn Bhd’s (DOPSB) is introducing three products under the Premeo brand animal fat replacer, dairy fat replacer and frying oil.
FGV said these products are specially formulated as healthier plant-based alternative fats for food and dessert manufacturers, as well as for industrial use such as heavy-duty deep frying for quick service restaurants.
The introduction of the new Premeo product range is in line with FGV’s endeavour to meet the growing demand for genuine high-quality plant-based fats and oils, in countries such as South Korea and Japan, especially in the frozen food and desserts sectors.
THE Federal Land Development Authority (FELDA) and its subsidiary FGV Holdings Bhd being in the news is nothing new, but things have picked up a few notches with tensions simmering between the two, culminating in the former wanting to end its land lease agreement with the listed unit. Then this month, FELDA said it wanted to take FGV private. Here are the main newsmakers in the FELDA-FGV saga.
Business tycoon and philanthropist
Businessman Tan Sri Syed Mokhtar Albukhary has been on The Edge’s newsmakers list every year for the past 15 to 20 years at least, with his vast empire of companies and his corporate manoeuvres that involve his two main listed entities, flagship MMC Corp Bhd and DRB-Hicom Bhd.
FGV aims to produce 30,000 litres of fresh milk daily in first-half 2021 in dairy farming venture thesundaily.my - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thesundaily.my Daily Mail and Mail on Sunday newspapers.