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Felda’s future under review as special committee prepares interim report due by end-Sept

KUALA LUMPUR, Sept 11 — An interim report containing findings and recommendations by the Special Committee on the...

Felda’s future under review as special committee prepares interim report due by end-Sept

An interim report outlining findings and recommendations by the Special Committee HTF30 on Felda's strategic direction for 2025-2030 has been prepared and will be submitted to the Prime Minister by the end of September. The committee, co-chaired by Datuk Seri Ahmad Fuad Md Ali and Dr Nungsari Ahmad Radhi, has held six meetings with stakeholders, including Felda Group, examining various aspects such as strategic direction, financial position, governance, and organizational structure.

Key issues under review include the delisting of FGV Holdings Bhd, the New Felda Model, governance weaknesses in asset purchases, land premium and title registration matters, and relationships with state governments. The Special Committee, functioning as an advisory body, comprises members from the Prime Minister's Office, Ministry of Finance, Ministry of Economy, ICU, Felda Regulatory Division, Ernst & Young PLT Malaysia, and Messrs Mohamad Hanafiah Zakaria.

Written by urgent.news from Malay Mail's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at malaymail.com →

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