FGV grilled for six hours, shareholders scrutinise falling profit

Marathon AGM: (From left) Felda Global Ventures Holdings Bhd group president and CEO Datuk Mohd Emir Mavani Abdullah, chairman Tan Sri Isa Samad and CFO Ahmad Tifli Mohd Talha fielding questions from reporters after the group

KUALA LUMPUR: The board of Felda Global Ventures Holdings Bhd (FGV), which is under fire from investors over its acquisition spree and falling earnings, came under a gruelling six-hour scrutiny from shareholders at its annual meeting.

The questions were tough, but in the end, only one resolution - the re-appointment of Felda director-general Datuk Haji Faizoull Ahmad - was not passed.