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Felda Global Ventures Holdings Berhad – Corporate Presentation
Version 1.0
May 2013
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Disclaimer
These materials have been prepared by Felda Global Ventures Holdings Berhad (“FGVH” or the “Company”) solely for informational
purposes, and are strictly confidential and may not be taken away, reproduced or redistributed to any other person. By attending this
presentation, participants agree not to remove this document from the conference room where such documents are provided without
express written consent from the Company. Participants agree further not to photograph, copy or otherwise reproduce these materials at
any point of time during the presentation or while in your possession. By attending this presentation, you are agreeing to be bound by the
foregoing restrictions. Any failure to comply with these restrictions may result in a violation of applicable laws and commencement of legal
proceedings against you.
It is not the Company’s intention to provide, and you may not rely on these materials as providing, a complete or comprehensive analysis of
the Company’s financial position or prospects. The information contained in these materials has not been independently verified and is
subject to verification, completion and change without notice. The information contained in these materials is current as of the date hereof
and are subject to change without notice, and its accuracy is not guaranteed. The Company is not under any obligation to update or keep
current the information contained in these materials subsequent to the date hereof. Accordingly, no representation or warranty, express or
implied, is made or given by or on behalf of the Company, or any of its directors and affiliates or any other person, as to, and no reliance
should be placed for any purposes whatsoever on, the fairness, accuracy, completeness or correctness of, or any errors or omissions in, the
information contained in these materials. Neither the Company, its directors, officers or employees nor any other person accepts any liability
whatsoever for any loss howsoever arising from any use of these materials or their contents or otherwise arising in connection therewith.
These materials contain historical information of the Company which should not be regarded as an indication of future performance or
results. These materials may also contain forward-looking statements that are, by their nature, subject to significant risks and uncertainties.
These forward-looking statements reflect the Company’s current views with respect to future events and are not a guarantee of future
performance or results. Actual results, performance or achievements of the Company may differ materially from any future results,
performance or achievements expressed or implied by such forward-looking statements. Such forward-looking statements are based on
numerous assumptions regarding the Company’s present and future business strategies and the environment in which the Company will
operate in the future, and must be read together with such assumptions. Predictions, projections or forecasts of the economy or economic
trends of the markets are not necessarily indicative of the future or likely performance of the Company, and the forecast financial
performance of the Company is not guaranteed. No reliance should be placed on these forward-looking statements, if any.
1
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Contents
1. History
2. Corporate Information
3. FGV Snapshot
4. Business Clusters
5. FGV’s Competitive Advantage
6. Key Financial Highlights
2
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3
1956 Federal Land Development Authority ("FELDA”) was established as a statutory body under Land Development Ordinance
1959 – 1990 More than 850,00 Ha of land granted by state government under Group Settlement Area Act 1960 (“GSA”) had been brought under cultivation through FELDA operations
1980 Koperasi Permodalan Felda (“KPF”) was established under the Co-operative Act
1990 FELDA decided to stop further intake of settlers
1995 Incorporation of Felda Holdings Berhad (“FHB”) as a wholly owned subsidiary of FELDA
2007 Incorporation of FGV as a wholly owned subsidiary of FELDA
2008 FGV acquired FGV North America from FELDA
2009 FGV acquired 49% equity interest in FHB from FELDA
2010 FGVH acquired sugar business
2011 MSM Holdings was listed on the Main Market of Bursa Securities
2012 Adoption of New Business Model
FGV was listed on the Main Market of Bursa Securities on 28 June 2012
History
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4 Notes : (1) Direct interest 20%, through FAHC , wholly owned by FELDA 19%
(2) A subsidiary of FHB
Felda
Settlers
FHB
39%(1) Leased
Land of
355,864
Ha
Employees
Employees
Employees
Oversees the agricultural
activities undertaken by
settlers
51% 49%
*KPF members: 231,902
comprising of 202,870
settlers group and 29,032
employees of FELDA
Group
* FELDA settlers
owned total of
479,765 Ha of land
More than 850,000 Ha
of Land
355,864 Ha
Felda Settlers
479,765 Ha
• Settlers own
the land
• Managed by
FELDA/Settlers
• Contractual
arrangements
with FELDA
• 99-year lease
Granted by state
governments under
Group Settlement
Area Act 1960 (GSA)
Background of FELDA Group
FELDA Land FELDA Group Structure
FELDA
FELDA
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Contents
1. History
2. Corporate Information
3. FGV Snapshot
4. Business Clusters
5. FGV’s Competitive Advantage
6. Key Financial Highlights
5
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6
Corporate Information
Felda Global Ventures Holdings Berhad (FGV) is one of Malaysia’s largest and most diversified
agro-based companies focused on multiple crops especially oil palm and rubber, oils and fats,
oleo-chemicals, sugar, logistics and other services.
It has 49 subsidiaries, joint-venture companies and associates whose business footprint extends
to 10 countries such as USA, China, Canada, Turkey, South Africa and Australia.
FGV provides employment to some 19,000 employees, 20 percent of whom are descendants of
FELDA settlers-smallholders.
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Stock Information
Top 10 Shareholders (as at 28 February 2013)
7
Stock Update
FGV was included in the FTSE
Bursa Malaysia Kuala Lumpur
Composite (FBM KLCI) on 24
December 2012.
Issued Price : RM4.55
Closing Price on 13 May
2013 : RM4.56
Market Cap: RM16,634.88
FGV Stock Price Investor %
FELDA 20%
Felda Asset Holdings 19%
PNB 8%
Citigroup Nominees - EPF 8%
Lembaga Tabung Haji 8%
KWAP 7%
Kerajaan Negeri Pahang 5%
Sabah State Government 5%
Qatar Holdings 2%
Total 82%
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Board of Directors
8
YBhg. Dato’ Yahaya Abd
Jabar
(independent)
YBhg. Datuk Shahril
Ridza Ridzuan
(independent)
YBhg. Datuk Wira Jalilah
Baba
(independent)
YBhg. Dato’ Paduka Ismee
Ismail
(non-independent)
YBhg. Dato’ Sri Dr. Mohd
Irwan Serigar Abdullah (non-independent)
YB Tan Sri Haji Mohd Isa
Dato’ Haji Abdul Samad
(non-independent)
YBhg. Dato’ Sabri
Ahmad
(non-independent)
Dr. Mohd Emir Mavani
Abdullah
(non-independent)
YBhg. Tan Sri Dato’ Sri Dr.
Wan Abdul Aziz Wan
Abdullah
(non-independent)
YBhg. Datuk Dr. Omar
Salim
(non-independent)
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Management Team
9
Dr. Suzana Idayu Wati Osman
Chief Strategy Officer
PhD (Finance), MBA (Finance),BA
Hons (Business Studies), Advanced Management Program in Harvard
Dato’ Sabri Ahmad
Group President and Chief
Executive Officer
MsC (Agricultural Economics), BsC
(Agriculture), Advance Diploma in
International Studies, Advance
Diploma in Management
Dr. Mohd Emir Mavani Abdullah
CEO Designate
PhD (Govt Reforms) Warnborough
University, MA (Engineering Mgmt)
Warwick University, BA Hons
(Chemistry) UKM
Dato’ Khairil Anuar Aziz
Chief Operating Officer
Head of Manufacturing Logistic
& Others
BA Hons (Marketing Management)
Fairuz Ismail
Head of Global Plantations
Diploma in Planting & Industry
Management
Ahmad Tifli Dato’ Hj Mohd Talha
Chief Financial Officer
ICAEW, MIA member
Abdul Halim Ahmad
Head of Downstream Business
Diploma in Mechanical Engineering
Nik Mustapha Nik Mohamed
Chief Human Resource Officer
MBA, Master of Science, Bachelor of Science
Palaniappan Swaminathan
Head of Research and
Development
Master of Science, Bachelor of Science
Chua Say Sin
Head of Sugar Business
Master of Engineering Science, Bachelor in Electrical Engineering
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Contents
1. History
2. Corporate Information
3. FGV Snapshot
4. Business Clusters
5. FGV’s Competitive Advantage
6. Key Financial Highlights
10
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A Snapshot Of FGV’s Business
11
• Third largest
plantation manager in
the world
• Malaysia:
– 355,864 ha on leased and
managed land
– Primarily oil palms
– Small proportion of rubber
plantations
• Indonesia
– 14,385 hectares of wholly
owned oil palm plantations
– 42,000 hectares through a
JV
Plantations
• Largest producer of
refined sugar in
Malaysia
– 57% market
share
– 2 sugar refineries
Sugar
• Overseas
• United States:
– 1 oleochemical facility
• Canada:
– 1 soybean and canola
crushing and refining
facility in Canada
• Through JVs
– 2 refineries in Malaysia
– 4 refineries in Indonesia,
China and Turkey
– 1 downstream processing
facilities in China
– 1 other oils & fats facility
in the United States
Downstream
51% 49%
• Largest CPO producer
globally
– 3.3 MM MT produced in
2012
Strong R&D Support
Integrated palm oil
operations
• Mills: 71 palm oil mills
• Refineries: 5 palm oil refineries
and 2 refineries in Pakistan and
China through an associate and
a joint venture
• 1 oleochemical plant through an
associate
Other Businesses
• Manufacturing and Logistics
• Support services
Felda Holdings Berhad (FHB)
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…WITH A GLOBAL PRESENCE
Notes: (1) Includes JV operations * Joint- ventures
(2) China’s refineries consist of 2 palm oil refineries # Associate
and 1 downstream processing facility ̂ Subsidiary
Our overseas footprint spans the globe,
with operations across 10 countries(1)
Plantations
Refinery
Bulking Installation
Sales & Marketing
Canola and Soybean
Oleochemicals
Rubber
Oils & Fats
Sugar
Legend:
Canada
USA China(2)
Indonesia
Pakistan
France
Spain
Australia
Malaysia
Thailand
Turkey
US
Specialty oils & fats plant
1 Oleochemical plant*
Europe
2 Trading offices in France &
Spain*
Turkey
1 Refinery*
Pakistan
1 Refinery#
China
1 refineries*
1 refinery#
Indonesia
56,385 ha of oil palm
plantation(1)
1 Refinery*
Malaysia
343,521 ha of oil palm plantation
71 Mills#
4 Crushing plants via associate
7 Refineries*#
1 Oleochemical plant*
2 Sugar^
12
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Contents
1. History
2. Corporate Information
3. FGV Snapshot
4. Business Clusters
5. FGV’s Competitive Advantage
6. Key Financial Highlights
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Plantation
14
2 Plantation Statistics
Plantation Statistics FYE
2012
FYE
2011 Change
FFB Production (million MT) 4.91 5.16 -4.8 %
FFB yield per mature ha (MT) 19.16 19.92 -3.8 %
CPO Production (million MT) 3.285 3.293 -0.2 %
PK Production (million MT) 0.850 0.841 +1 %
CPO Extraction Rate (OER) 20.51 20.48 +0.1 %
CPO Price (RM per MT) 2,843 3,218 -11.7 %
Total Land Under Management
Oil Palm
• Cultivated(2):
323,587 ha
Malaysia
• Uncultivated:
19,934 ha
Malaysia
Rubber
• Cultivated:
9,472 ha
Peninsular
Malaysia
• Uncultivate
d: 836 ha
Peninsular
Malaysia
FGV
Oil Palm
Trurich JV
42,000 ha
East /
Central
Kalimantan
50%
Oil Palm
PT Citra
Niaga
14,385 ha
West
Kalimantan
95%
Malaysia (LLA)
355,864 ha Indonesia
Malaysia
(Felda Agricultural
Services)
Oil Palm
11,723 ha
Malaysia
Other
Uses(4)
1,023 ha
Malaysia
Includes 2,035 ha
of timber
FHB
49%
1
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Plantation
(Cont’d)
15
4 Replanting Program for Plantation Estates
12,01912,736
8,238
13,665
14,42816,000 15,000 15,000 15,000
2007 2008 2009 2010 2011 2012A 2013F 2014F 2015F
Hectares
Age Profile as at Feb 2013
3
Immature (0-3), 18 %
Young (4-9), 17%
Prime (10-14), 7%
Prime (15-20), 9%
Old (21-25), 34%
Old(25+), 15%
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Downstream
16
Facilities 1
TRT-ETGO Inc, produces soybean and canola products by crushing and refining soybeans and canola seeds at its facility in
Becancour, Quebec, Canada.
• Crushing : 1,050,000 mt
• Refining : 396,000 mt
Soy and canola oils are used for a variety of consumer purposes, such as edible oils, and industrial purposes, such as biodiesel and
oleochemicals. Soy and canola meals are used as animal feed.
TRT US produces oleochemicals, such as fatty acids and glycerin, from tallow, lauric oils and vegetable oils in Quincy,
Massachusetts U.S.A.
• Capacity : 175,000 mt
Fatty acids are used in the production of food, personal care products, cosmetics, pharmaceuticals, rubber products and textile
products, and glycerin is widely used in pharmaceutical for formulations, including as food and beverage additives and as an
intermediary in the productions of soaps and other pharmaceuticals.
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Sugar
Sugar Assets Owned by FGVH
17
• Presently 51% owned by FGVH
– 100% acquired in 2010
– IPO in June 2011 on Bursa Malaysia
Initiatives
• Optimize production efficiency and capacity by:
– Increasing annual production at KGFP by 50,000 MT to
200,000 MT
– Increasing daily raw melt capacity at MSM by 1,000 MT
to 4,000 MT
– Increasing raw sugar storage capacity at MSM by
100,000 MT to 200,000 MT and refined sugar storage
capacity by 10,000 MT to 37,000 MT
2 Refineries, Packaging, Storage and Distribution
• Each refinery has packaging, storage and distribution capabilities
on-site
• Seberang Prai Refinery
– Annual production capacity: 960,000 MT of refined sugar
• Integrated sugar mill and refinery in Chuping, Perlis
– Sugar cane crushing capacity: 5,500 MT per day
– Annual production capacity: 150,000 MT of refined sugar
– Warehouse facilities on-site and bulk cargo terminal at Prai,
Penang
• Packaging and distribution warehouse in Sungai Buloh, Selangor
– Connected to the Prai refinery by rail
• Distribution warehouse in Johor Bahru, Johor
– Connected to the Prai refinery by rail
1
3
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Manufacturing , Logistics and Others (MLO)
Integrated Operations Across Value Chain
18
1
Plantation Estates
• 343,521 ha of oil palm plantations in Malaysia
• 56,385 ha of oil palm plantation in Indonesia
• Produced 4.9 mil MT of FFB in 2012
Mills
• 71 palm oil mills
• 20.7 mil MT of annual milling capacity
• 3.3 mil MT of CPO produced
Refineries
• 7 palm oil refineries through JV
• 6 palm oil refineries through associates
• 5.2 mil MT capacity (including JVs and associates)
Logistics
• 10 bulking installations
• 486 storage tanks with 752,250 MT capacity
• 2 warehouses - 88,000 MT storage capacity
• 7 distribution depots
• Transportation services – 251 palm oil tanker and 186 lorries.
RBD Products & Packed Goods
• Production of 99,000 MT of packed goods for consumers and food services industry
• Production of 1.5 mil MT of RBD products
Oleochemicals
• 2 oleochemical plants through JV
• Located in Kuantan, M’sia and Quincy, Mas. US
• Product: Methyl esters, fatty alcohols and glycerin
Upstream Midstream Downstream
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Contents
1. History
2. Corporate Information
3. FGV Snapshot
4. Business Clusters
5. FGV’s Competitive Advantage
6. Key Financial Highlights
19
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FGV’s Competitive Advantage
Note: (1) Through associate FHB
1. Third largest oil palm plantation operator in the world 1
5. Largest producer of refined sugar in Malaysia 5
2. Access to the CPO output of the largest CPO producer in the world 2
2. Strong R&D support (1) 3
Leading global,
integrated and
diversified agri-
business
player
20
Focused on palm and Malaysia while diversified across select commodities 4
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469
391
288
217 217
158 148
140
86
0
50
100
150
200
250
300
350
400
450
500
SimeDarby
GoldenAgri
FGVH AstraAgro
Wilmar SalimIvomas
KLKepong
IOI FirstResources
Notes: (1) Includes both land that is leased by FGVH and that is managed by FGVH in Sarawak (2) Based on mature hectarage (oil palms aged 4 years and beyond) (3) % of global mature oil palm planted area. In 2011, there was 13.4 million hectares of mature oil palm planted area globally. Source: Frost & Sullivan (4) Latest publicly available information is as of 2010
Third Largest Oil Palm Plantation Operator in the
World 1
In 2011, FGVH’s FFB production accounted for 5.5% of Malaysia’s total production
Global Market Share by Mature Planted Area(2)
’000s Ha
Peninsular Malaysia
355,864 Ha of Plantation Estates (1)
East Malaysia
Plantation Estates
Our Operations
Sabah
Sarawak
Kedah
Penang
Perak
Kelantan Terengganu
Pahang
Selangor
Malacca
Lahad Datu
Sahabat
Sahabat Complex
Sampadi Complex
Negeri
Sembilan)
Johor
0.6% 1.1% 1.1% 1.2% 1.6% 1.6% 2.1% 2.9% 3.5%
Source: Frost & Sullivan, FGVH, various company annual reports and websites
%(3)
Total mature planted area – 288,442 ha (1) FGVH is the third largest oil palm plantation
operator in the world, with a 2.1% market share
(4)
(1)
Tawau
Perlis
21
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3.3
2.42.2
1.8
1.3
0
1
2
3
4
FHB SimeDarby
GoldenAgri
Wilmar AstraAgro
Access to the CPO Output of the Largest
Producer in the World 2
Source: Frost & Sullivan, Oil World, various company annual reports and websites
F&S to provide numbers for Sime? To check the source of these numbers Refining capacity:
[IMR p79] Source: IMR Exec
summary p26
Market
Share (%) 6.6% 4.9% 4.3% 3.5% 2.5%
milling capacity not available
for Sime Darby and KLK
Refining capacity not available
for Sime Darby and KLK from IMR
or ARs
Notes: (1) Through FPI. Effective March 2012, FGVH entered into a contract with FPI to process substantially all internally-produced FFB and to offtake substantially all CPO from internal and external crop
(2) Market share is calculated based on publicly available information on CPO production volumes in Malaysia (3) Latest publicly available information is in 2010
FHB provides us with access to the downstream oil value chain
MM MT
2011 Global CPO Production FHB’s Market Share in CPO Production (Malaysia), 2011 (2)
(1)
Source: Frost & Sullivan, Oil World, FGVH, various company annual reports and websites
3.3
1.5
0.7
0.2
0
1
2
3
4
FHB Sime Darby IOI KULIM(Malaysia)
17.4% 7.9% 3.6% 0.9% Market
Share (%)
MM MT
(3)
(1)
22
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Our productivity is supported by higher than average yields
Source: Prospectus
section 7 p158
Notes: (1) A small proportion of the FFB produced by the FELDA-leased land is sold to third parties. In 2011, this amounted to 70K MT of FFB (2) Across all FFB sources, to FPI, a 72%-owned subsidiary of FHB from which we purchase substantially all of the CPO produced
Access to the CPO Output of the Largest
Producer in the World (cont’d) 2
5.2 4.7 5.1 4.9
4.8 4.8 5.3 5.6
4.9 4.75.4 5.3
0.3 0.20.3 0.3
-4
2
8
14
20
2009 2010 2011 2012
23
19.8
18.8
19.9
19.219.2
18.0
19.7
18.9
17
18
19
20
21
2009 2010 2011 2012
Average FGVH FFB Yield Malaysia Palm Oil Board benchmark
MT / Ha
Our FFB Yield Exceeds Malaysian Benchmarks
Total: 15.2 MM MT 14.5 MM MT 16.1 MM MT
FFB Supply Balanced Across Multiple Sources
Total Sources of FFB (MM MT)
FELDA-Leased and Managed Land (1) FELDA Settlers
Third Parties FELDA Agricultural Services
16.0 MM MT
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R&D Support
Areas of Focus Benefits
Increase yield and efficiency
Reduce production costs
Ensure environmental
sustainability
Maximize profits in the long run
Strengths
Notes: (1) Felda Agricultural Services (FAS) is a 76.9%-owned subsidiary of FHB, our 49%-owned associate
(2) Includes (i) a phosphate transport marker that can be used to detect oil palms with lower phosphate fertilizer requirements and (ii) a Ganoderma
boninsense marker that is intended to be used to develop Ganoderma boninsense-tolerant planting material
(3) Namely, rats, leaf-eating caterpillars, rhinoceros beetle and the fungal pathogen Ganoderma boninense
Oil Palm
Breeding &
Selection
• Active since 1968 via Tun Razak Agricultural Services Center
• Germinated Seeds: Award-winning Felda Yangambi brand
Biotechnology • Research center located in Enstek, Nilai
• Biomolecular marker research
– Filed patents for 2 types of markers(2)
Agronomy &
Crop Protection
Programs
• Focus on four main pests(3) using integrated pest management
with emphasis on biological control
• Production and sale of rat bait
Applied
Technology • Electronics and wireless sensor network technology
• Geographical information systems
Through our associate, Felda Agricultural Services(1)
24
Downstream
R&D • Focuses on food and non-food product development.
3
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Rationale for crop diversification across the value chain
Complementary crops: palm and rubber
Natural hedge against commodity volatility
Downstream businesses protect upstream margins
Revenue Split by Segment (1)
Section 8, p330 Section 8, 329
4 Focused on Palm and Malaysia While
Diversified Across Select Commodities ...
25
% Revenue
(palm oil and
rubber)
RM MM
-
5,000
10,000
15,000
20,000
25,000
Plantations Downstream Sugar MLO Total
26% 7% 11% 100% 56%
Asia (ex-Malaysia)
2% North America
12% Others
0.4% Europe
0.1%
Malaysia
85%
Revenue Split by Geography (2)
Notes: (1) YTD 3Q Revenue Split by Segment (2) 1H Revenue Spilt by Geography
Key benefits
Diversify macroeconomic exposure / risk
Broader reach to global customers and end-customers
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Our annual sugar production capacity is over 1.1 MM MT
Sugar Assets Owned by FGVH
Notes: (1) Exchange rate of USD1 = MYR3.08 as of 28 Sep 2012 (Bloomberg) (2) FGVH owns a 20% stake in Tradewinds
Leading Market Share in Malaysia in 2011
Source: Frost & Sullivan
MSM48.8%
KGFP8.1%
Tradewinds43.1%
Leading Market Share in Malaysia of 57% in 2011
(2)
% of Total Production Volume
• 100% acquired in 2010
• IPO in June 2011 on Bursa Malaysia
(KLSE:MSM)
• Market capitalization of MYR3,479.75 Mil as
at 10 May 2013
51%
Largest Producer of Refined Sugar in Malaysia 5
26
Commitment to sustainable growth Responding to increasing global demand for sustainable palm oil
RSPO progress to date :
77,900 ha and 6 mills
Certified
0.00
0.50
1.00
1.50
2.00
2.50
3.00
3.50
2009 2010 2011 2012 2013 2014 2015 2016 2017
Millio
n t
on
es/y
ea
r
Projected Annual RSPO Audit for Felda Group (for sustainable palm oil production)
ISCC progress to date:
15 mills certified
Unilever, which purchases 3% of
all global palm oil has been a key
player in driving demand, with its
commitment to buy only certified
sustainable palm oil (CSPO) by the
end of 2015.
Source: RSPO website
By 2015, we intend to purchase
and use only palm oil that we
can confirm to have originated
from responsible and
sustainable Source: P&G website
Nestle sets 2020 targets, to
use only sustainable palm oil
Source: Nestle website
Increasing commitment from major palm
oil buyers for sustainable palm oil FGV aims to produce 3 million of RSPO &
ISCC-certified oil by 2017 27
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Contents
1. History
2. Corporate Information
3. FGV Snapshot
4. Business Clusters
5. FGV’s Competitive Advantage
6. Key Financial Highlights
28
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Financial Overview – FYE December 2012
vs 2011
29
Income Statement
Audited(1) Proforma Audited(3)
AS AT 31 DECEMBER AS AT 31 DECEMBER AS AT 31 DECEMBER
2010 2011 2010 2011 2012
RM’000 RM’000 RM’000 RM’000 RM’000
Revenue 3,149,510 4,201,168 5,804,601 7,453,077 12,886,499
Profit before zakat and taxation 366,371 236,176 1,184,391
1,904,787 1,126,220
Profit for the financial period/year 287,255 148,789 929,367 1,400,247 905,058
EBITDA 592,583 416,583 1,443,366 2,117,191 1,230,676
Dividend payout ratio 49.1%
Balance Sheet
Proforma Audited(3)
AS AT 31 DECEMBER AS AT 31 DECEMBER
2011 2012
RM’000 RM’000
Total equity and liabilities 9,758,048 16,499,301
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Contact Us
31
For further information, please contact:
http://www.feldaglobal.com
Felda Global Ventures Holdings Bhd
Level 6, Balai FELDA
Jalan Gurney 1
54000 Kuala Lumpur MALAYSIA
Telephone :+603 – 2692 8355
Fax :+603 – 2692 8385
Investor Relations contact person:
Ms Zaida Alia Shaari