KUALA LUMPUR (March 17): The government will announce several new approaches next week that would benefit Federal Land Development Authority (Felda) settlers, said Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi.
He is also determined to implement immediate changes to Felda, especially regarding the net income of Felda settlers, so that they could get out of the hardcore poverty group.
“There are several approaches that I will announce from time to time... the latest is next week,” he told Bernama in a special interview, in conjunction with the Bumiputera Economic Congress 2024 recently.
Regarding Felda's declining performance, as reported in the Auditor General's Report (LKAN) 2022, Ahmad Zahid, who is also the Rural and Regional Development Minister, said that the responsibility of restoring the federal agency will be seen in the aspect of settlers and companies under Felda.
“LKAN reports that Felda's financial position has deteriorated greatly; this audit report is for the 2022 financial year, which means that it is not under the current government. It is not a blame game and I don’t want to blame the other party.
“The responsibility to restore Felda is not seen in terms of Felda's production, (but) the focus must be on the settlers. Secondly, we should look at companies under Felda, such as FGV Holdings (Bhd) and MSM Malaysia Holdings Bhd,” he said.
Pity this Jacktan for missing out the boat. First say CFO garden.. Fraud.. Limit down. Now say government remove subsidy, limit down again. LoL sad ignorance kid
BIMB said TP is 3.04 then share price from RM1.70-1.80 climbed up to 3.10-3.20, amazing......Some good news then can be so bullish, until like MSM performing well in past 12 months...
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omega008
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Posted by omega008 > 1 month ago | Report Abuse
Hi, any particular reason why MSM is tanking hard ?