Shahrir questions where RM4.3b from FGV had gone

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Newly-minted Felda chairperson Shahrir Abdul Samad has questioned how RM4.3 billion in proceeds from Felda Global Ventures’ initial public offering (IPO) had been spent.

“Felda received RM6 billion from the listing of FGV... From this amount RM1.7 billion was spent as windfall (for settlers).

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