Felda Investment Corporation Sdn. Bhd. (FIC) is committed to maintaining high corporate governance (CG) standards and continuously identifying and formalizing best practices within the Group. The Board of Directors acknowledges the importance of sound CG policies in driving FIC’s success, ensuring continuous and sustainable growth for all stakeholders. The Board sets the overall strategy, supervises executive management, and ensures that robust CG practices are implemented throughout the Group, always acting in good faith and with due diligence in the best interests of the company and its shareholders.
The Board, supported by its relevant Sub-Committees, brings extensive expertise in investment and corporate business. Additionally, the Risk Management Committee (RMC) and Whistleblowing Committee, under the Board’s Governance, Risk, and Audit Committee, are dedicated to ensuring the implementation of strong corporate governance practices and compliance procedures within the Group.
FICACP is a testament to our commitment in being corruption free and to instil integrity across theorganisation which is aimed to reach full swing by 2027. The development of FICACP is in line with initiative 6.2.1 of the National Anti-Corruption Plan 2019-2023. Launched on 1 December 2022, the FICACP outlines 49 action plans based on 4 priority areas which are Investment, Finance, Procurement and Corporate Governance.