PUTRAJAYA: The Perikatan Nasional government’s plan to rehabilitate the Federal Land Development Authority (Felda) is on the right track, says Minister in the Prime Minister’s Department (Economic Affairs) Datuk Seri Mustapa Mohamed.
This included a decision in October last year where Felda would issue a RM9.9bil sukuk and also take back 351,000ha it leased to Felda Global Ventures Holdings Bhd, now known as FGV Holdings Bhd, under its new recovery plan.
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