Sungkai is home to ethnic Malays who work for the national palm plantation operator, Federal Land Development Authority (Felda). Known as "Felda settlers", they have long been among the beneficiaries of government affirmative action programmes for Malays, who form the majority of the population. Now I am sure the sentiment has changed," said Mazlan Aliman, president of the National Felda Settlers' Children Society (ANAK). All that is being felt in rural Malay heartlands such as Sungkai, and is contributing to the sour faces over the Felda-Eagle High deal. The shares plunged another 5 percent on Dec. 23, when the Eagle High deal was announced.

Source: The Edge Markets January 12, 2017 00:51 UTC