Urgent.News

What's breaking now, across thousands of outlets.

Finance & Markets

Felda’s outstanding government-guaranteed loans stand at RM5.88b, says MOF

KUALA LUMPUR, Oct 8 — The total outstanding government-guaranteed loans for the Federal Land Development Authority...

Felda’s outstanding government-guaranteed loans stand at RM5.88b, says MOF

KUALA LUMPUR, Oct 8 — The Federal Land Development Authority (Felda) had RM5.88 billion in outstanding government-guaranteed loans as of September 30, 2026, according to the Ministry of Finance (MOF). This figure was after accounting for RM3.04 billion in principal repayments, the ministry stated. The MOF explained that the government had approved RM9.9 billion in guarantees for Felda to secure financing from local financial institutions and the capital market.

These funds were earmarked for projects, investments, and the Felda Recovery Plan. Currently, Felda has obtained RM8.92 billion worth of government-guaranteed financing, with RM980 million in government-guaranteed sukuk yet to be issued. The MOF provided these details in response to an inquiry from Azli Yusof (PH-Shah Alam) regarding potential public fund leaks and updates on efforts to recover state assets tied to financial scandals.

Additionally, the ministry disclosed that the government would provide an annual grant of RM990 million over ten years to aid in the repayment of the sukuk's annual principal.

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 →

More in Finance & Markets

More from Thursday 8 October →