
PM: Conditional adjustment to RM8.3b loan will reduce burden of Felda settlers
UPDATED 7PM | 'The average loan repayment is expected to be reduced to only RM250 to RM300 a month.'

UPDATED 7PM | 'The average loan repayment is expected to be reduced to only RM250 to RM300 a month.'

Maybank was among the top banks that provided loans to those that drive deforestation.

Cooperation between Felda and FGV will bring benefits to both organisations, says Idris Jusoh.


Following this, Felda only need another 13pct equity interest to delist company from Bursa Malaysia.

So far Felda managed to secure 76.32pct of 90pct needed.

Felda settlements set to have another brush with heavy industry as rare earth waste may end up a stone's throw away.

The stake is purchased at RM1.30 per share.

Felcra Nasaruddin and Felda Bersia will be under lockdown from Feb 3 to 16.

He has been charged with nine counts of dishonestly receiving gratification for himself.

This raises number of FGV shares acquired by Felda this week to 75.97 million.

If delisting of FGV is successful, FGV shares will no longer be quoted and traded on Main Market of Bursa Securities.

Noor Ehsanuddin faces 29 corruption charges.


The move comes amid a dispute where Felda plans to terminate its land lease agreement with FGV.

FGV says it hasn't received any written notice from Felda regarding land lease termination.

Prematurely ending the 99-year LLA gives investors the wrong impression.

Abdul Wahid Omar says payment over termination of LLA will be deliberated further with FGV’s inclusion.

But we are yet to receive a written notice from Felda on the termination of the agreement, FGV Holdings Bhd says.


The NGOs say the move will help Felda to return to profitability.

FGV says 2012 IPO often blamed for Felda's financial problems, but 'real issue' is how the money was utilised.


National Association of Smallholders Malaysia says over three million will suffer.