Print
02 April 2012| last updated at 12:05AM

Pledge given to Felda settlers



1 comments

KUALA LUMPUR: Prime Minister Datuk Seri Najib Razak yesterday gave his assurance that no land belonging to Felda settlers would be involved in the listing of Felda Global Ventures Holding Bhd (FGVH).

Najib said the listing would only involve state lands where the Federal Government had been given the right to develop, according to the provisions of the Group Settlements Act 1960, and were managed by Felda Plantations.

"There are some parties claiming that the listing of Felda Global will result in the loss of settlers' plots.

"I repeat, not even an inch of the land owned by settlers will be involved in the listing," he said at the Ikatan Hati Warga Felda (Iktiraf) Carnival at Dataran Merdeka here.

His speech was delivered by Deputy Prime Minister Tan Sri Muhyiddin Yassin, who represented Najib in launching the carnival "Upholding the National Transformation".

Najib said the listing would proceed to ensure that Felda would continue to be strong in facing the challenges of global financial realities.

"We no longer want to be known simply as the producer of raw palm oil products. It is time for Felda's true potential to be realised, so that the payoff from these efforts will be a gift of prosperity, not just to Felda, but to all Malaysians."

Najib is expected to announce the quantum of the FGVH next month.

Related Articles
  • 'Felda has gone global under PM'
  • New dates for Felda defamation suit against PKR
  • 'Don't let them derail our future'
  • Barisan Nasional struggle on the right track
  • FGV listing benefits all, says Najib

Leave Your Comment


Leave Your Comment:

New Straits Times reserves the right not to publish offensive or abusive comments and those of hate speech, harassment, commercial promos and invasion of privacy. Your IP will be logged and may be used to prevent further submission.The views expressed here are that of the members of the public and unless specifically stated are not those of NST.