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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.
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
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.
KUALA LUMPUR: Federal Land Development Authority's (Felda) transformation project has identified 31 strategic initiatives including addressing settlers’ land inheritance issue.