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Plantations 31 Mar 2018 | 12:00 AM

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.

Corporate News 21 Sep 2018 | 12:00 AM

Felda's cash flow ‘almost empty’

Felda chairman says at least two years needed to turn Felda around

Commodities 18 Aug 2018 | 12:00 AM Premium

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.

Corporate News 17 Aug 2018 | 12:00 AM Premium

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.

Corporate News 21 Nov 2018 | 12:00 AM

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

Business 10 May 2014 | 12:00 AM

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.

Business 11 Apr 2019 | 12:00 AM

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.

Corporate News 19 Dec 2018 | 12:00 AM

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.

Corporate News 18 Dec 2018 | 5:09 AM

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.

Business 10 Jan 2017 | 12:00 AM

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.