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Shares of Felda Global Ventures climb on appointment of new chairman

Azhar Abdul Hamid says getting FGV to be competitive a priority; its fortunes have plunged since listing in 2012

Mr Azhar is expected to bring a steadier hand to FGV.

Kuala Lumpur

SHARES of Felda Global Ventures Holdings Bhd (FGV) rose 4.3 per cent to RM1.71 (S$0.55) on Monday after Azhar Abdul Hamid was appointed chairman of the controversial state-owned plantations company last Friday.

A former top executive of conglomerate Sime Darby, Mr...