Live Breaking News & Updates on Felda Global Ventures Holdings Bhd

Stay updated with breaking news from Felda global ventures holdings bhd. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

'I did not meet with Najib'

KUALA LUMPUR: A former 1Malaysia Development Bhd (1MDB) chairman told the High Court that he did not meet with Datuk Seri Najib Razak before his resignation as he suspected that the former prime minister was involved in a sham joint venture (JV) between 1MDB and PetroSaudi International Ltd (PSI) in 2009. ....

Kuala Lumpur , Sri Ram , Najib Razak , Justice Mohamed Zaini Mazlan , Muhammad Shafee , Kanda Kandasamy , Taek Jho , Mohd Bakke , Muhammad Shafee Abdullah , Mohd Bakke Salleh , Petrosaudi International Ltd , Good Star Ltd , Corruption Commission , Mdb Petrosaudi Ltd , Felda Global Ventures Holdings Bhd , Malaysia Development Bhd , High Court , Holdings Bhd , Development Bhd , Datuk Seri Najib Razak , Sri Mohd Bakke Salleh , Tan Sri Muhammad Shafee Abdullah , Petrosaudi Ltd , Shahrol Azral Ibrahim Halmi , Low Taek Jho , Jho Low ,

Efforts to rehabilitate Felda on the right track


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.
He explained that these measures allowed Felda to reduce its debts by allowing the government to acquire FGV shares.
“So debts will be lowered because the interest rate now is lower compared to when Felda acquired those debts. So that addressed the issue of debts, ” he said to reporters during a joint press conference here on Thursday. ....

Idris Jusoh , Perikatan Nasional , Datuk Amiruddin Abdul Satar , Felda Global Ventures Holdings Bhd , Department Economic Affairs Datuk Seri Mustapa Mohamed , Land Development Authority Felda , Holdings Bhd , Federal Land Development Authority , Prime Minister , Economic Affairs , Datuk Seri Mustapa , Datuk Seri Idris Jusoh , ஃபெல்டா உலகளாவிய முயற்சிகள் ஹோல்டிங்ஸ் ப்ட் , நில வளர்ச்சி அதிகாரம் ஃபெல்டா , ஹோல்டிங்ஸ் ப்ட் , கூட்டாட்சியின் நில வளர்ச்சி அதிகாரம் , ப்ரைம் அமைச்சர் , பொருளாதார வாழ்க்கைத்தொழில்கள் ,