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Federal Land Development Authority (Felda)

Malaysia

Felda's land lease deal review seen as negative for FGV

SINGAPORE (Apr 15): The Federal Land Development Authority’s planned review of its 99-year land lease agreement (LLA) with FGV Holdings is not expected to work out well for FGV, which is heavily reliant on Felda’s resources.

Malaysia

Felda was cheated in Eagle High purchase, says director general

KUALA LUMPUR (April 9): Federal Land Development Authority (Felda) director-general Datuk Dr Othman Omar had yesterday evening lodged a police report at the police commercial crime unit here, claiming that it was cheated into entering into a "one-side

Malaysia

Malaysia's special advisory council committed to meet first 100-day promises, says Maybank

SINGAPORE (May 16): The five-member Council of Eminent Persons, a team of special advisors announced by Malaysia’s prime minister Mahathir Mohamad on May 12, has hit the ground running.

Malaysia

Felda to regain $89 mil Jalan Semarak land on dubious transfer deal

KUALA LUMPUR (Dec 21): The Federal Land Development Authority (Felda) is prepared to take all forms of action to regain ownership of the land estimated at RM270 million ($88.8 million) in Jalan Semarak here, following a report that raised questions about

Malaysia palm oil giant chairman resigns amid leadership tension

(June 19): The chairman of Felda Global Ventures Holdings Bhd. resigned amid a leadership tussle and graft probe at the world’s biggest crude palm oil producer. Shares in the Malaysia state-linked company rose.

Malaysia

Discontent in Malay heartland may spell trouble for PM Najib

SUNGKAI (Jan 12): The Malaysian plantation district of Sungkai has become an initial - and unlikely - battleground for an election that embattled Prime Minister Najib Razak is expected to call this year.

Malaysia

No synergy seen in Felda’s Eagle High buy

KUALA LUMPUR (Dec 29): More questions are being raised on the rationale for the purchase of a 37% non-controlling stake by Federal Land Development Authority (Felda) in Indonesia’s PT Eagle High Plantations Tbk as there would be no unlocking of value fo

Malaysia

Felda secures Malaysian govt financing for Eagle High stake purchase

KUALA LUMPUR (Dec 29): Malaysia's Federal Land Development Authority (Felda) has secured government financing to fund its US$505.4 million ($732.8 million) purchase of a minority stake in Indonesian palm oil firm PT Eagle High Plantations, state news
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