BFM Podcast

Unravelling The Felda Debt Problem

Tan KW
Publish date: Fri, 28 Jul 2023, 11:49 AM
Unravelling The Felda Debt Problem

28-Jul-23 07:45

P. Gunasegaram, Independent Business Writer

Prime Minister Dato' Seri Anwar Ibrahim Anwar has approved and provided Felda with a 9.9 billion ringgit government guarantee to restructure its debts through a sukuk issuance. This will allow 80% of Felda settler debts to be waived. But what is the root cause of the debt issue? We speak with P. Gunasegaram, Independent Business Writer, to get some answers

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