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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
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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 Companys intention to provide, and you may not rely on these materials as providing, a complete or comprehensive analysis of
the Companys 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 Companys 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 Companys 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.
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Contents
1.
History
2.
Corporate Information
3.
FGV Snapshot
4.
Business Clusters
5.
6.
2
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History
1956
Federal
Land
Development
Authority
("FELDA) was established
as a statutory body under
Land
Development
Ordinance
1995
Incorporation of
Felda Holdings Berhad
(FHB) as a wholly owned
subsidiary of FELDA
2010
FGVH
sugar business
acquired
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
2007
Incorporation of
FGV as a wholly owned
subsidiary of FELDA
1980
Koperasi
Permodalan Felda (KPF)
was established under the
Co-operative Act
intake
of
2012
Adoption of New
Business Model
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FELDA Land
FELDA
Granted by state
governments under
Group Settlement
Area Act 1960 (GSA)
Employees
FELDA
Leased
Land of
355,864
Ha
Felda
Settlers
* FELDA settlers
owned total of
479,765 Ha of land
39%(1)
Employees
Felda Settlers
479,765 Ha
49%
51%
355,864 Ha
Settlers own
the land
Managed by
FELDA/Settlers
Contractual
arrangements
with FELDA
Employees
99-year lease
Notes : (1) Direct interest 20%, through FAHC , wholly owned by FELDA 19%
(2) A subsidiary of FHB
FHB
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Contents
1.
History
2.
Corporate Information
3.
FGV Snapshot
4.
Business Clusters
5.
6.
5
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Corporate Information
Felda Global Ventures Holdings Berhad (FGV) is one of Malaysias 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)
Investor
FELDA
20%
19%
PNB
8%
8%
8%
KWAP
7%
5%
5%
Qatar Holdings
2%
Total
82%
Stock Update
FGV was included in the FTSE
Bursa Malaysia Kuala Lumpur
Composite (FBM KLCI) on 24
December 2012.
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Board of Directors
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Management Team
Dato Sabri Ahmad
Group President and Chief
Executive Officer
Palaniappan Swaminathan
Head of Research and
Development
Fairuz Ismail
Head of Global Plantations
Diploma in Planting & Industry
Management
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Contents
1.
History
2.
Corporate Information
3.
FGV Snapshot
4.
Business Clusters
5.
6.
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49%
Third largest
plantation manager in
the world
Malaysia:
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
Sugar
Downstream
Plantations
Largest producer of
refined sugar in
Malaysia
57% market
share
2 sugar refineries
51%
globally
3.3 MM MT produced in
2012
Other Businesses
Support services
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Europe
2 Trading offices in France &
Spain*
China
1 refineries*
1 refinery#
US
Specialty oils & fats plant
1 Oleochemical plant*
Canada
France
Spain
USA
Turkey
1 Refinery*
Legend:
Pakistan
Plantations
Refinery
Thailand
Malaysia
Bulking Installation
Indonesia
56,385 ha of oil palm
plantation(1)
1 Refinery*
China(2)
Turkey
Indonesia
Pakistan
1 Refinery#
Australia
Oleochemicals
Rubber
Malaysia
343,521 ha of oil palm plantation
71 Mills#
4 Crushing plants via associate
7 Refineries*#
1 Oleochemical plant*
2 Sugar^
Sugar
Notes:
* Joint- ventures
# Associate
^ Subsidiary
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Contents
1.
History
2.
Corporate Information
3.
FGV Snapshot
4.
Business Clusters
5.
6.
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Plantation
Total Land Under Management
Plantation Statistics
FGV
49%
Malaysia (LLA)
355,864 ha
Malaysia
(Felda Agricultural
Services)
Indonesia
Includes 2,035 ha
of timber
50%
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
Oil Palm
Trurich JV
42,000 ha
East /
Central
Kalimantan
95%
Oil Palm
PT Citra
Niaga
14,385 ha
West
Kalimantan
FYE
2012
FYE
2011
4.91
5.16
-4.8 %
19.16
19.92
-3.8 %
3.285
3.293
-0.2 %
0.850
0.841
+1 %
20.51
20.48
+0.1 %
2,843
3,218
-11.7 %
Plantation Statistics
FHB
Oil Palm
11,723 ha
Malaysia
Other
Uses(4)
1,023 ha
Malaysia
Change
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Plantation
(Contd)
3
Old(25+),
15%
Immature
(0-3), 18 %
15,000
15,000
2012A
2013F
2014F
2015F
13,665
12,736
12,019
Young
(4-9), 17%
Old (21-25),
34%
16,000
14,428
Hectares
8,238
Prime
(10-14), 7%
Prime
(15-20), 9%
2007
2008
2009
2010
2011
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Downstream
Facilities
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
1
Initiatives
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Upstream
Plantation Estates
Midstream
Mills
Refineries
Logistics
10 bulking installations
486 storage tanks with
752,250 MT capacity
2 warehouses - 88,000
MT storage capacity
7 distribution depots
Downstream
Production of
1.5 mil MT of RBD
products
Oleochemicals
2 oleochemical plants
through JV
Located in Kuantan,
Msia and Quincy, Mas.
US
Transportation services
251 palm oil tanker
and 186 lorries.
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Contents
1.
History
2.
Corporate Information
3.
FGV Snapshot
4.
Business Clusters
5.
6.
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2 2. Access to the CPO output of the largest CPO producer in the world
Leading global,
integrated and
diversified agribusiness
player
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In 2011, FGVHs FFB production accounted for 5.5% of Malaysias total production
355,864 Ha of Plantation Estates (1)
Peninsular Malaysia
2.9%
2.1%
1.6%
1.6%
217
217
1.2%
1.1%
1.1%
0.6%
East Malaysia
500
469
450
Perlis
Kedah
Sahabat
Sabah
Penang
Lahad Datu
Terengganu
Kelantan
391
400
350
Perak
Sahabat Complex
Tawau
Pahang
Negeri
Sembilan)
288
300
(1)
250
Selangor
Sarawak
Malacca
Sampadi Complex
200
Johor
158
148
150
140
86
100
50
Our Operations
Sime
Darby
Golden
Agri
FGVH
Ast ra
Agro
Wilmar
Salim
Ivomas
KL
Kepong
IOI
First
Resources
Plantation Estates
(4)
Source: Frost & Sullivan, FGVH, various company annual reports and websites
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
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21
MM MT
MM MT
Market
Share (%)
6.6%
4.9%
4.3%
3.5%
2.5%
Market
Share (%)
17.4%
7.9%
3.6%
0.9%
4
3.3
(1)
(1)
3.3
3
3
2.4
2.2
2
1.8
1.5
1.3
0.7
0.2
0
FHB
Sime
Darby
Golden
Agri
Wilmar
Source: Frost & Sullivan, Oil World, various company annual reports and websites
Astra
Agro
FHB
Sime Darby
IOI
KULIM
(3)
(Malaysia)
Source: Frost & Sullivan, Oil World, FGVH, various company annual reports and websites
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
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22
MT / Ha
21
20
14.5 MM MT
16.1 MM MT
16.0 MM MT
20
19.9
19.8
19.2
19
0.3
5.4
5.3
4.8
5.3
5.6
5.2
4.7
5.1
4.9
2009
2010
2011
2012
0.2
4.9
4.7
4.8
14
19.2
18.9
18.8
0.3
0.3
19.7
18.0
18
17
2009
2010
2011
2012
-4
Third Parties
(1)
FELDA Settlers
23
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
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R&D Support
Through our associate, Felda Agricultural Services(1)
Areas of Focus
Oil Palm
Breeding &
Selection
Biotechnology
Strengths
Benefits
Agronomy &
Crop Protection
Programs
Applied
Technology
Downstream
R&D
Ensure environmental
sustainability
Maximize profits in the long run
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
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(2)
RM MM
% Revenue
56%
26%
7%
11%
100%
25,000
Asia (ex-Malaysia)
North America
2%
12%
Others
0.4%
Europe
0.1%
20,000
15,000
Malaysia
85%
10,000
5,000
Plantations Downstream
Sugar
MLO
Total
Key benefits
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(2)
Tradewinds
43.1%
MSM
48.8%
51%
KGFP
8.1%
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Million tones/year
27
Contents
1.
History
2.
Corporate Information
3.
FGV Snapshot
4.
Business Clusters
5.
6.
28
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Audited(1)
Audited(3)
Proforma
AS AT 31 DECEMBER
AS AT 31 DECEMBER
AS AT 31 DECEMBER
2010
2011
2010
2011
2012
RM000
RM000
RM000
RM000
RM000
3,149,510
4,201,168
5,804,601
7,453,077
12,886,499
366,371
236,176
1,184,391
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
Revenue
1,126,220
1,904,787
Balance Sheet
49.1%
Proforma
Audited(3)
AS AT 31 DECEMBER
AS AT 31 DECEMBER
2011
2012
RM000
RM000
9,758,048
16,499,301
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Contact Us
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