KUALA LUMPUR, Aug 2 (Bernama) — Koperasi Permodalan Felda Malaysia Berhad (KPF) signed a strategic partnership agreement and two collaboration memoranda involving green economy, agriculture and insurance with three strategic partners today.
KPF said that the partnership agreement was with Abra Tron Bradbury Sdn Bhd via a special purpose vehicle (SPV) Sustainable Future Sdn Bhd that will implement high-impact sustainable projects, while it will work with Aqina Fruits Sdn Bhd to explore and develop MD2 pineapple planting framework.
“The high-impact sustainable projects will encompass four main core areas – electric vehicle management and marketing, industry and fleet management systems, development of renewable energy systems such as solar and biogas farms, sustainable solid waste management and the development of carbon credit system via the Karbonku app,” KPF said in a statement today.
The collaboration with Aqina Fruits meanwhile will expand the involvement of settlers and encourage the cooperative members’ participation in commercial MD2 planting projects, it added.
The last memorandum is between KPF subsidiary, KPF Niaga Sdn Bhd and Sejamas Group Sdn Bhd to promote and market MADANI Insurance packages, which offer vehicle insurance coverage to KPF members with added value, including free vehicle batteries.
“All the initiatives are in line with KPF’s aspirations of developing sustainably and proactively, and to support the green agenda, community involvement and the economic well-being of members in a comprehensive manner,” the cooperative said.
The signing ceremony was officiated by KPF chairman Datuk Mohd Banuri Aris, along with representatives of the companies involved and witnessed by Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi in conjunction with the Felda Settlers’ Appreciation ceremony at Mega Karnival 3 Dimensi (MK3D) at the Malaysian International Trade and Exhibition Centre (MITEC).
— BERNAMA
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