M R EDIA

MEDIA RELEASE
FGV Delists Asian Plantations from UK’s AIM Market; Will Integrate for Growth Boost
Kuala Lumpur, 11 November 2014 – Felda Global Ventures Holdings Berhad (FGV), the
world’s largest producer of Crude Palm Oil (CPO), has delisted Asian Plantations Limited
(APL) from the London Stock Exchange’s AIM market.
The move comes after FGV completed its purchase of APL, securing 100% of its traded
shares. FGV will be working towards the timely integration of APL as a wholly-owned
subsidiary, maximising the commercial opportunities and competitive advantages it offers.
FGV’s Group President and Chief Executive Officer, Dato’ Mohd Emir Mavani Abdullah,
said: “With the delisting of APL from the AIM market yesterday, FGV is now looking forward
to fully integrating APL, giving a considerable boost FGV's business operations and growth.”
“The purchase of APL makes great sense from a valuation and operational standpoint. APL
will increase FGV’s landbank by 7%, it will boost CPO production, and introduce a younger
crop profile. FGV has set out its target of becoming a top 10 global agri-business by 2020
and deals such as APL are putting us firmly on track to reach our goal,” said Dato’ Emir.
APL owns 24,622 hectares of oil palm plantations through its five wholly-owned estates in
Miri and Bintulu, Sarawak. APL’s estates are serviced by a 60 tonne per hour palm oil mill
within the estates and are within easy reach to the deep-water port of Bintulu, where four of
the big palm oil refineries in Sarawak are located.
“At an Enterprise Value of RM62,358 per planted hectare, APL represents a fairly priced and
value-added deal which is in line with FGV’s expansion roadmap through organic and
inorganic growth. Apart from contributing positively to FGV in the long-term, APL’s
integration into FGV will give rise to cost savings from operational synergies and increase
FGV's lead in sustainable palm oil production,” Dato’ Mohd Emir added.
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For enquiries, please contact:
Felda Global Ventures Holdings Berhad:
Raja Zamilia R. Dato’ Seri Mansur
+603-26934332
+6012-7212147
rajazamilia.rm@feldaglobal.com
Ariff Dato’ Hj. Ahmad Yeop
+603-2693 7000
+016-328 8944
ariff.ahmad@feldaglobal.com
About Felda Global Ventures Holdings Berhad
Felda Global Ventures Holdings Berhad (FGV) is Malaysia’s leading global agri-business
and is the world’s largest producer of Crude Palm Oil (CPO).
FGV’s operations stretch across more than 10 countries in Asia, the Middle East, North
America and Europe, and are focused on six main business clusters, namely; Palm
Upstream, Palm Downstream, Rubber, Sugar, R&D and Agri Services; and TLMO (Trading,
Logistics, Marketing and Others).
FGV is the world’s third biggest oil palm plantation operator, has the world’s largest bulking
and storage facilities for vegetable oil and is Malaysia’s top refined sugar producer. It also
specialises in the production of renewable bio-fuels, oleochemicals, oils and fats, and
advanced materials including Carbon Nanotubes and graphene.
With more than 19,000 employees, FGV has set itself the target of becoming one of the
world’s Top 10 agri-business companies with annual revenues of RM100 billion by 2020.
For more information, please visit http://www.feldaglobal.com