Felda chairman unhappy with returns from its investments


Last year, the total income of the settlers amnounted to RM3.97bil. It is an economic powerhouse. We want to continue the philosophy of balanced rural development while also empowering the people,

KUALA LUMPUR: The Federal Land Development Authority (Felda) seeks better returns from its slew of assets to help run programmes for settlers.

Three months into his appointment as Felda chairman, Tan Sri Shahrir Abdul Samad (pic) said that the next two years would be crucial for the government entity and its 112,000 settlers.

Get 30% off with our ads free Premium Plan!

Monthly Plan

RM13.90/month
RM9.73 only

Billed as RM9.73 for the 1st month then RM13.90 thereafters.

Annual Plan

RM12.33/month
RM8.63/month

Billed as RM103.60 for the 1st year then RM148 thereafters.

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Business , Felda , FGV , FIC , Felda Global , stocks , shares , palm oil , oil palm ,

   

Next In Business News

Foreign investors offload RM1.07bil on Bursa Malaysia for ninth week running
Bursa Malaysia confirms CEO succession process amid speculation
KLCC Property denies Bandar Malaysia takeover
Bursa Malaysia gains on bargain hunting amid cautious sentiment
Ringgit rises against US dollar as DXY declines
Bandar Malaysia's theme park project cancelled
Trading ideas: Top Glove, LKL International, Kawan Renergy, Edelteq, Catcha Digital, MAHB
Metal markets rush to adjust to clampdown
Apple’s US$1bil outlay may be a fleeting win
MKHOP’s plantation land deals in the pipeline

Others Also Read