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Claims that the Federal Land Development Authority (Felda) is in dire straits are untrue, said its chairperson Shahrir Abdul Samad.

Felda still has assets worth RM22 billion, he pointed out.

"Felda's assets are worth RM22 billion, which is a lot of assets, but current assets are probably in the vicinity of RM3 billion and non-current assets are those like real estate and development...

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