Berita Penyenaraian Felda Global Ventures

ALOR GAJAH, 9 OCTOBER, 2011: The proposed listing of Felda Global Ventures Holdings Sdn on Bursa Malaysia by mid-2012 announced in the 2012 Budget will enable Felda to focus on settlers' welfare while the company on business forays, said Felda chairman Tan Sri Mohd Isa Abdul Samad.

He said the listing would be in line with Felda's transformation over the next 50 years after making a remarkable achievement for the past 50 years.

"There should not be repercussion on the role of Felda from the listing exercise," he told reporters after closing the Felda Thinkers Convention here today.

Mohd Isa said Felda has the expertise and synergy to make the listing a success, for which he would lead a steering committee to see it through.

"We admitted that there will be obstacles along the way as we already got brickbats from blogs and opposition newspapers," he added.

Isa said the majority of settlers would support the merits of the listing and Felda management would go down to the grassroots to enlighten head of settlers and settlers on the decision.

To a question on Felda's coffer and assets for the listing requirement, he said an international consultant would be appointed to delve on the matter.

He said Koperasi Permodalan Felda, which has 112,635 settlers as members, would become the biggest shareholder.

"The cooperative will ensure that settlers benefit from the listing," he said, adding share allotment to settlers would be announced by Prime Minister Datuk Seri Najib Tun Razak in due course.

- Bernama

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