Deal #3203

Location #1

Spatial accuracy level
Administrative region
Location
Malay Peninsula

Target country
Malaysia

Land area

Size under contract (leased or purchased area, in ha)
[2011] 232069
Size in operation (production, in ha)
[2011] 215096
Comment on land area
leased from Felda Holdings (2016) There are difference on the approximate areas of the estates located in peninsular Malaysia as indicated on the list of the top ten properties of FGV in the annual report from 2013 to 2015 but it can not be said if the estates listed in it covers all the properties in peninsular Malaysia, therefore it can not be determined if the total contract size was affected or not.

Intention of investment

Intention of investment
Agriculture unspecified

Nature of the deal

Nature of the deal
Lease

Negotiation status

Negotiation status
[1961] Concluded (Contract signed)

Implementation status

Implementation status
[1961] In operation (production)
Comment on implementation status
Felda ventured into oil palm plantations in 1961

Operating company

 

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Data source #1

Data source type
Company sources
File
Date
2011-01-01

Data source #2

Data source type
Media report
File
Date
2012-05-30

Data source #3

Data source type
Company sources
File
Comment on data source
Accessed: 10.03.2014

Data source #4

Data source type
Media report
File
Comment on data source
Wikipedia article, accessed 13.05.2015

Data source #5

Data source type
Company sources
File
Date
2013-12-31
Comment on data source
Annual report 2013

Data source #6

Data source type
Company sources
File
Date
2015-12-31

Data source #7

Data source type
Research Paper / Policy Report
File
Date
2016-04-21

Consultation of local community

Comment on consultation of local community
A research conducted last 2016, showed that FGV encroached Indigenous People’s Lands out of the five known cases three are pending and was ordered for compensation.

Detailed crop, animal and mineral information

Crops area
Oil Palm, Rubber tree

In country processing of produce

In country processing of produce
Yes

Overall comment

Overall comment
split up according to http://klse.i3investor.com/servlets/stk/annrep/5222.jsp p. 328 (2016)They have cases of open burning over mature rubber trees that is a violation of the Malaysian Environmental Quality Act

May 14, 2018, 10:05 p.m.

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Jan. 11, 2017, 9:20 p.m.

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June 29, 2015, 5:16 p.m.

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June 29, 2015, 5:13 p.m.

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May 13, 2015, 4:48 p.m.

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March 10, 2014, 2:01 p.m.

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March 10, 2014, 1:47 p.m.

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March 10, 2014, 1:42 p.m.

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March 10, 2014, 1:40 p.m.

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May 24, 2013, 6:13 p.m.

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March 12, 2013, 9:59 p.m.

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