Felda discussing RM2.5b sukuk


Minister in the Prime Minister’s Department (Economy) Datuk Seri Mustapa Mohamed said the government had also formed a special task force chaired by Tan Sri Abdul Wahid Omar to identify the best way to ensure Felda’s financial self-reliance and sustainability for the benefit of the entire settler community.

PETALING JAYA: The Federal Land Development Authority (Felda) is in discussions with the Finance Ministry over the issuance of a government-guaranteed sukuk to finance the restructuring of its loans worth RM2.5bil, the Dewan Rakyat heard yesterday

This will be Felda’s second sukuk issuance after its first one in 2018 worth RM2bil.

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