KUALA LUMPUR – The Federal Land Development Authority (Felda) has nominated three individuals to the Board of Directors of Felda Global Ventures Holdings Bhd (FGV) as its representatives.
The three individuals were from Felda’s Board of Directors and Senior Management, it said.
“The FGV Board of Directors nominees will be announced later,” said Felda in a statement today.
It added that the nomination was to safeguard its interest as the biggest stakeholder in FGV, and at the same time would strengthen its position and take care of the welfare of its settlers and employees better.
“Felda also hopes that the nominations will strengthen FGV’s corporate governance,” it added. – BERNAMA