PETALING JAYA (September 15): Synergy Promenade Sdn Bhd's management and board will decide on possible legal action against the Federal Land Development Authority (FELDA), due to a dispute in the RM8.
KUALA LUMPUR (Sept 5): Felda needs to be injected with funds of RM955 million to complete the Felda New Generation Housing project, which is now classified as abandoned, said Deputy Economic Affairs Minister Dr Mohd Radzi Md Jidin.
KUALA LUMPUR (August 15): Not all projects being developed in the country will be scrapped; on the contrary, projects that will directly benefit the people or “people-centric and high-impact projects” will be continued, said Economic Affairs Minister Datuk Seri Mohamed Azmin Ali.
KUALA LUMPUR (Aug 10): Economic Affairs Minister Datuk Seri Mohamed Azmin Ali said yesterday the government had decided to present a “white paper” in the next session of Dewan Rakyat to expose the real situation of the Federal Land Development Authority (Felda), which is currently facing a critical cash flow problem.
KUALA LUMPUR (Aug 2): Former Felda chairman Tan Sri Shahrir Abdul Samad (pictured) has filed an application to strike out a RM100-million defamation lawsuit filed by property developer Synergy Promenade Sdn Bhd over the Felda land issue.
KUALA LUMPUR (July 27): Tan Sri Megat Zaharuddin Megat Mohd Nor (pictured), former chairman of the country's biggest bank, Malayan Banking Bhd (Maybank), has been named as the chairman of Federal Land Development Authority (Felda), which is believed to be valid for the next two years.
KUALA LUMPUR (July 17): Synergy Promenade Sdn Bhd (SPSB) is suing an ex-deputy minister in the Prime Minister’s department for RM100 million over defamatory statements made about the Kuala Lumpur Vertical City (KLVC) and land owned by Felda on Jalan Semarak, reported The Malaysian Insight news portal today.
KUALA LUMPUR (June 22): Economic Affairs Minister Datuk Seri Mohamed Azmin Ali has instructed the Federal Land Development Authority (Felda), which is embroiled in several controversial deals, to undertake an “external forensic audit to get to the bottom of this”.
KUALA LUMPUR: Investigations into the Kuala Lumpur Vertical City (KLVC) development are being held up by uncertainties about project owner Federal Land Development Authority’s (Felda) board of directors, according to sources, following the change in government after the May 9 national polls.
KUALA LUMPUR (June 4): The master developer for the Kuala Lumpur Vertical City (KLVC) project, Synergy Promenade Sdn Bhd, has filed a RM100 million defamation suit against former Federal Land Development Authority (Felda) chairman Tan Sri Shahrir Abdul Samad (pictured) in his personal capacity.