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Irregularities in Felda’s London investments

PETALING JAYA: Many irregularities were highlighted in the forensic study on Felda’s London investments, particularly the purchase of the Park City Grand Plaza Kensington hotel and two other properties in Wembley.

FIC in the spotlight over land deal

FEDERAL Land Development Authority (Felda) is back in the spotlight this week.

FIC: RM190mil paid for two plots of land

PETALING JAYA: Felda Investment Corp Sdn Bhd (FIC) has clarified that £34mil (RM190.11mil), inclusive of applicable taxes, was paid for two plots of land which house the Felda House and Grand Felda House.

Breakfast briefing: Wednesday, October 25 (Update)

Breakfast briefing: Wednesday, October 25

FIC reaffirms that it is still owner of properties

PETALING JAYA: Felda Investment Corp Sdn Bhd (FIC) has reaffirmed that it is still the owner of the two companies in the British Virgin Islands, FIC London Hotel (Private) Ltd (FLH) and FIC Global Ltd (FGL), in response to claims made by Parti Keadilan Rakyat vice-president Rafizi Ramli.