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Felda strategic plan interim report to be submitted to PM by end-September

KUALA LUMPUR: The Felda strategic plan interim report will be submitted to the Prime Minister by end‑September.

Felda strategic plan interim report to be submitted to PM by end-September

The Special Committee on Felda Group's Direction 2025-2030, known as HTF30, will submit an interim report on the Felda strategic plan to the Prime Minister by the end of September. The report, following six meetings, addresses various aspects including the delisting status of FGV Holdings Bhd, the formulation of a new business model for sustainability, and the proposed New Felda Model which deals with responsibilities towards settlers and future generations.

The committee is also examining governance weaknesses in eight asset purchases highlighted in the 2019 White Paper forensic study, alongside issues related to outstanding land premium matters, title registration, and land status with state governments. HTF30, established on June 5, 2025, is chaired by Datuk Seri Ahmad Fuad Md Ali and Dr Nungsari Ahmad Radhi, functioning as an advisory body with fiduciary responsibilities remaining with Felda's board and management.

The committee's members include representatives from the Prime Minister's Office, Finance and Economy ministries, ICU, Felda Regulatory Division officials, Ernst & Young PLT Malaysia audit experts, and legal experts from Messrs Mohamad Hanafiah Zakaria.

Brief written by urgent.news from New Straits Times's own syndicated text. Machine-written — may contain errors; check the original before relying on it.

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