Felda staff eligible for 2.5pct shares in FGV
Felda staff are eligible for 2.5 percent shares in Felda Global Ventures Holding (FGVH), Deputy Minister in the Prime Minister's Department Ahmad Maslan said.
Felda staff are eligible for 2.5 percent shares in Felda Global Ventures Holding (FGV), Deputy Minister in the Prime Minister's Department Ahmad Maslan said.
"Felda staff and settlers will receive 2.5 percent shares in FGV, but since the number of settlers was bigger than the number of staff, the shares received by the settlers will look smaller.
"We have 112,635 settlers, but only 23,000 staff, nationwide," he told a press conference after attending a seminar on Understanding Wassatiyah and the Concept of 1Malaysia Kuala Terengganu today.
Ahmad was commenting on a report that a certain group of settlers were dissatisfied with the proposed distribution of FGVH shares.
The proposed distribution of 800 units of FGV shares worth RM4.55 per unit to the settlers were deemed too small and they wanted Felda to increase their shares to 1,000 units.
The deputy minister said he would table the proposal about the distribution of FGV shares at the Parliament sitting tomorrow.
- Bernama


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