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Felda financing keeps settlers’ votes intact
IN the run-up to the 14th General Election (GE), it is the bread-and-butter issues that will determine how the Felda settlers, who form the majority in 54 parliament seats, vote.
Felda's cash flow ‘almost empty’
Felda chairman says at least two years needed to turn Felda around
A reality check for Felda
BACK in 2012, the Federal Land Development Authority (Felda) gained a whopping RM5bil in gross proceeds from the listing of its then unit, Felda Global Ventures Holdings Bhd (which has since been renamed FGV Holdings Bhd) on Bursa Malaysia.
Felda has to seek govt assistance as it is facing cashflow problem
PETALING JAYA: Apart from a forensic audit, the Federal Land Development Authority (Felda) is undertaking a review of its role as the guardian of the settlers, following cashflow problems faced by the agency. It is learnt that Felda has to go to the government to get financial resources to undertake programmes such as providing the settlers with short-term loans and infrastructure in its schemes.
Felda needs govt guarantees for external funds, debts at RM8.05bil
PETALING JAYA: The Federal Land Development Authority (Felda), the authority that is saddled with debts of RM8.05bil, is expected to see its cash balance drop to about RM100mil by year-end, hampering efforts for external funding, according to sources
Felda to re-develop prime land in KL
AS Felda Investment Corp Sdn Bhd (FIC) solidifies its move into property development by taking control of Encorp Bhd, the group has earmarked three parcels of land to be developed including a 22-acre parcel in Kuala Lumpur.
New Felda schemes targeted for settlers
PETALING JAYA: The Federal Land Development Authority (Felda), under its new business model, will introduce many schemes that will aid settlers by addressing their income, housing needs and human capital development.
31 strategic initiatives by Felda to turn around
PETALING JAYA: The Federal Land Development Authority (Felda) has identified 31 strategic initiatives for its transformation project aimed at turning around the government agency that is the single-largest shareholder in FGV Holdings Bhd.
Felda transformation project focuses on settlers' land inheritance
KUALA LUMPUR: Federal Land Development Authority's (Felda) transformation project has identified 31 strategic initiatives including addressing settlers’ land inheritance issue.
Felda can’t do it alone
PETALING JAYA: Felda, the parent company of Felda Global Ventures Holdings Bhd (FGV), would require a capable partner to share the burden of financing should the listed plantation entity be taken private, analysts say.
