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Business

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.

Business

Felda's cash flow ‘almost empty’

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

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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.

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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.

Business

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

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

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.

Business

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.

Business

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

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.