World · Malaysia Bureau
FGV appoints independent audit firm to strengthen group governance
The appointment follows recommendations from Malaysia's Prime Minister, the Malaysian Anti-Corruption Commission (SPRM), and the Special Committee on Felda's 2030 Direction. FGV said the move reinforces its commitment to corporate governance standards.
LSN Malaysia ·
Felda Global Ventures Holdings (FGV) has appointed an independent audit firm as part of efforts to enhance governance practices across the group, the company announced. The appointment was made in response to recommendations from several high-level bodies including the Prime Minister's office, the SPRM, and the Special Committee overseeing Felda's strategic 2030 direction. FGV said the independent auditor will work to strengthen internal controls and accountability measures. The move comes amid broader efforts to restore confidence in the group's management and operational practices. FGV has faced scrutiny over governance issues in recent years and has committed to implementing recommendations designed to improve transparency and oversight across its operations.