Avenue Capital still hopes for Felda deal


  • Business
  • Thursday, 22 Jul 2004

AVENUE Capital Resources Bhd has yet to give up hopes of underwriting the flotation of Federal Agriculture and Land Development Authority Bhd (Felda), which has been put on hold by the Government. 

“There are two major issues, commercial and social, which the Government has to consider before listing the company,” group managing director Tengku Zafrul Aziz told StarBiz after the company AGM's in Kuala Lumpur yesterday. 

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