FGV is now looking at land acquisitions in Malaysia, Indonesia and Africa, said its chief executive.
'Ask the current Felda chair,' says the former chair when asked about the Jln Semarak deal findings.
RM2 million damages to Felda and FGV one of the highest amounts in recent history.
UPDATED 6.30PM | Judge says the previous sum of RM70,000 set by deputy registrar was excessively low.
A reversal from RM31mil loss in first quarter, says officer-in-charge.
Postponement is necessary due to uncertainties with the company's board composition, says its chairperson.
The accusation made by Jasa director-general Mohd Puad Zarkashi is 'unwarranted', the company says.
Rafizi says Shahrir's legacy in Felda is to allow the agency to be saddled with debt over a questionable billion ringgit purchase.
Rafizi questions if Felda crackdown a smokescreen to hide raising stakes in Eagle High.
The letters come a week after they were asked to go on leave by the FGV board.
The Felda chairperson will discuss the best solution to resolve the crisis with the PM tomorrow.
UPDATED 5.09PM | Its board says allegations about FGV Cambridge Nanosystems and a creamer factory are untrue.
UPDATED 2.34PM | NST also cites MACC looking into abuse over expenses by a 'top official'.
MP SPEAKS | Compare this with CEO Zakaria, who has been suspended over RM46m.
Najib will do this during his visit to a Felda settlement in Kulai, Johor.
MP SPEAKS | It's time the auditor-general and the PAC investigate the shenanigans within Felda Global.
However, it could shake up FGV's long-term focus on its core businesses.
UPDATED 5.29PM | Rafizi Ramli says Zakaria Arshad should remain CEO pending investigations.
A professional would do better - if given the freedom.
As FGV's biggest investor, plunging share prices have taken a huge toll on Felda.
As of Dec 31 2015, both units in KL's Troika had no revenue and were raking up RM66k per year in costs, says PKR veep.
It will pay 26 percent lesser than what Felda Global Ventures had planned to pay for the same stake.
The Felda chairperson says the Pandan MP's calculations are 'not proper math'..
YOURSAY | ‘Assuming it sold all the 6.8 percent it bought at half the purchased price, EPF lost RM500 million...’
Nazir Razak is the best person to head such an RCI, says Lim Kit Siang.
Among others, he wants to know if Najib instructed any official to continue with the purchase.
Statutory bodies such as KWAP, LTAT, Tabung Haji and Perkeso are still holding on to their stake in troubled FGV.
Its economic bureau chair also wants MACC to probe lest it becomes 'another 1MDB'.
KINI ROUNDUP | Key headlines you may have missed yesterday, in brief.