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IT would appear that the last straw for Felda was when Perspective Lane Sdn Bhd launched an offer to become the single largest shareholder of FGV Holdings Bhd in October last year
INHERENTLY, the government procurement has always been a weak point in the administration because of the civil service losing its clout over the decision-making process.
KUALA LUMPUR: Felda, a state agency overseeing farmers, will ask for about RM6bil from the government to help turn itself around, according to a source.
KUALA LUMPUR: Felda, a Malaysian state agency overseeing farmers, will ask for about 6 billion ringgit ($1.5 billion) from the government to help turn itself around, according to a person familiar with the matter.
PETALING JAYA: Two more names have emerged as possible successors to Tan Sri Azman Mokhtar as the managing director of Khazanah Nasional Bhd.
KUALA LUMPUR: As the new Pakatan Harapan coalition-led federal government steps up to review the previous administration’s mega infrastructure projects, the failed 1Malaysia Development (1MDB) and other issues, the stock market is bearing the brunt.