News about Felda

Both Felda and PR1MA face "going concern" issues — an accounting parlance that casts doubt on an organisation’s resources and income to stay afloat — based on levels of debt and reliance on government aid, the auditor general said in a statement following the release of the 2022 Auditor General Report.

"This government guarantee is expected to stabilise Felda's financial position as well as ensure a more sustainable business model so that it continues to be viable for settlers and the new generation of Felda.

Datuk Seri Azalina Othman Said said the current unity government takes all Felda matters seriously, including the construction of homes for second and third generation Felda settlers, which have been abandoned.

KUALA LUMPUR (March 22): The Federal Land Development Authority (Felda), which owns 62.

KOTA TINGGI (March 9): A total of 3,200 land lots are being provided for the second generation of Felda settlers in Johor in a bid to resolve part of the housing issues in Felda areas.

KUALA LUMPUR (Sept 18): Excitement and gains in share price seem to have originated from the appointment last week of three new directors at the property development company Encorp Bhd, reported The Edge Malaysia.

KUALA LUMPUR (Aug 21): Federal Land Development Authority (FELDA) “is understood to be looking to dispose of a stake” in developer Encorp Bhd, The Edge Malaysia reported this week.

KUALA LUMPUR (March 16): The Federal Land Development Authority (Felda) has failed in its bid to take FGV Holdings Bhd private at RM1.

KUALA LUMPUR (Feb 3): Former Federal Land Development Authority chairman Tan Sri Mohd Isa Abdul Samad (pictured), who was found guilty this morning on nine charges of corruption involving RM3 million and was sentenced to six years' jail and a fine of RM15.

KUALA LUMPUR (Dec 4): Submissions at the end of defence for former Federal Land Development Authority (Felda) chairman Tan Sri Mohd Isa Abdul Samad's graft trial in relation to a hotel purchase in Sarawak, previously scheduled for today in the High Court, have now been deferred until Dec 24.