KUALA LUMPUR (April 10): Federal Land Development Authority (Felda) will continue pursuing its efforts to exercise the put option to sell back the 37% equity stake in Eagle High Plantations Tbk (EHP) to the vendor PT Rajawali Capital International, which is owned by Indonesian businessman Tan Sri Peter Sondakh.
KUALA LUMPUR (April 10): The Federal Land Development Authority (Felda) will be reviewing the land lease agreement (LLA) it has with FGV Holdings Bhd.
KUALA LUMPUR (April 10): The government has allocated RM6.
KUALA LUMPUR (April 10): PT Rajawali Group is opposing the Federal Land Development Authority (Felda) from exercising a put option provided for in the purchase agreement signed by the two parties, Economic Affairs Minister Datuk Seri Mohamed Azmin Ali (pictured) said today.
KUALA LUMPUR (April 10): About RM2.
KUALA LUMPUR (April 10): Some RM1.
KUALA LUMPUR (April 10): Prof Dr Jomo Kwame Sundaram (pictured), Council of Eminent Persons member, weighed in on the revelations of questionable deals and governance failure at the Federal Land Development Authority (Felda) today, saying what happened at Felda highlights a 'massive fraud'.
KUALA LUMPUR (April 10): The Federal Land Development Authority (Felda), together with Koperasi Permodalan FELDA (KPF), has introduced a pioneer cash payment scheme in its Jengka region to improve its debt recollection and to encourage settlers to send their harvest to FGV Holdings Bhd's factories.
KUALA LUMPUR (April 10): To address the Federal Land Authority's (Felda) cash flow issues, the federal government has decided to provide immediate financial assistance to ensure the sustainability of the operations and development of sustainable lands.
KUALA LUMPUR (April 10): Felda's liabilities surged 11 times to RM14.
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