Felda to sell off overseas assets

KUALA LUMPUR (Jan 18): Confirming that it is paring down its stake in Malayan Banking Bhd (Maybank) to raise money, cash-strapped Federal Land Development Authority (Felda) disclosed yesterday that it also wants to dispose of some of its overseas assets.

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Iris Corp closes at 11-year low

KUALA LUMPUR (Dec 28): Iris Corp Bhd, known as developer of the world’s first electronic passport, saw its share price fall as much as 13% to an intraday low of 10 sen yesterday, after its co-founder and major shareholder sold a substantial stake in the group.

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Government continues to help rural communities

KUALA LUMPUR (Oct 21):  The government continues to implement various measures to increase ownership among rural folk including second generation settlers of Felda, Felcra and Risda, and the Orang Asli community, Bernama reported today.

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