The Federal Land Development Authority (Felda) can begin to independently determine FGV Holdings Bhd’s direction once the company completes its delisting process from Bursa Malaysia, which will commence on Aug 28, said Prime Minister Anwar Ibrahim.
The prime minister said that this move will enable Felda, together with its cooperative and settlers, to fully focus on the agency’s original mission of safeguarding the rights, returns, and interests of the settlers.
