#felda

PM: Conditional adjustment to RM8.3b loan will reduce burden of Felda settlers

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.'

PNB, EPF, Kwap, Felda named top investors of ‘forest-risk’ firms

PNB, EPF, Kwap, Felda named top investors of ‘forest-risk’ firms

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

Felda becomes majority shareholder of FGV with 81pct stake

Felda becomes majority shareholder of FGV with 81pct stake

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

Govt on right track to restore Felda's financial position - Mustapa

Govt on right track to restore Felda's financial position - Mustapa

The strategy includes the agency’s proposed takeover of FGV Holdings Bhd, says the minister.
Felda already owns 77pct stake in FGV - minister

Felda already owns 77pct stake in FGV - minister

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

Felda, FGV takeover sees final extension of offer date to March 15

Felda, FGV takeover sees final extension of offer date to March 15

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

Unwanted neighbours: Lynas waste in Felda settlers' backyard

Unwanted neighbours: Lynas waste in Felda settlers' backyard

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

Felda acquires 3.16m more FGV shares from open market

Felda acquires 3.16m more FGV shares from open market

The stake is purchased at RM1.30 per share.

Two Perak Felcra, Felda villages placed under EMCO

Two Perak Felcra, Felda villages placed under EMCO

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

High Court to deliver verdict on Isa Samad's RM3m graft case on Wednesday

High Court to deliver verdict on Isa Samad's RM3m graft case on Wednesday

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

Felda buys 9.97m more FGV shares from open market

Felda buys 9.97m more FGV shares from open market

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

Felda does not intend to maintain FGV's listing status

Felda does not intend to maintain FGV's listing status

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

Prosecution calling more witnesses in ex-Felda official's corruption trial

Prosecution calling more witnesses in ex-Felda official's corruption trial

Noor Ehsanuddin faces 29 corruption charges.

Palm oil workers discouraged from going home, rights groups say

Palm oil workers discouraged from going home, rights groups say

Two biggest palm planters say they were not forcing workers to stay but repatriation had been slowed due to Covid-19 travel restrictions.
Felda plans to take FGV private 8 years after controversial IPO

Felda plans to take FGV private 8 years after controversial IPO

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


FGV to Felda: Stop press releases, discuss land lease agreement together

FGV to Felda: Stop press releases, discuss land lease agreement together

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

LETTER | Thorough evaluation needed before Felda-FGV land deal axed

LETTER | Thorough evaluation needed before Felda-FGV land deal axed

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

Felda's compensation to be less than what FGV expects - STF chairperson

Felda's compensation to be less than what FGV expects - STF chairperson

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

FGV is prepared for Felda land lease deal termination

FGV is prepared for Felda land lease deal termination

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

Felda suffers RM10.6b debt, expected to recover in 2023

Felda suffers RM10.6b debt, expected to recover in 2023

According to the task force, poor financial management is one of the reasons for the problem.
NGOs support Felda's move to reclaim leased plantation land from FGV

NGOs support Felda's move to reclaim leased plantation land from FGV

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

FGV baulks as Felda mulls taking back land

FGV baulks as Felda mulls taking back land

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

Felda needs to rejuvenate settlers to relive its glorious past - chairperson

Felda needs to rejuvenate settlers to relive its glorious past - chairperson

Felda is embarking on an effort to create smart and integrated agriculture in order to increase the income of settlers.
Felda settlers to suffer from US ban on FGV

Felda settlers to suffer from US ban on FGV

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