FGV shareholders' decision signalled loss of trust in board members

The decision by Felda Global Ventures Holdings (FGV) shareholders to throw out the payment of fees and allowances for its board of directors yesterday is a signal for the latter to put the company's interest before their personal gain.

According to a news report, sources in the industry have indicated the move to vote down the payments during yesterday's FGV annual general meeting also signalled the shareholders' loss of trust on FGV board members.