GOVERNMENT APPROVES TO GUARANTEE FELDA's ISSUANCE OF SUKUK WORTH RM9.9b
Felda to terminate land lease agreement with FGV
Felda's debt currently RM10.6 billion
Weaknesses in governance and financial management
In an interview with Bernama earlier this month, Felda chairman Idris Jusoh said the agency intends to take back 351,000 hectares of Felda-owned land leased to FGV as part of its plans to return Felda to profitability.
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