The weekly highlighted that lately, FELDA has been in the spotlight for all the wrong reasons. FELDA made headlines when it purportedly offered a high price for a 37% stake in Indonesian plantation outfit PT Eagle High Plantations. Also, the Malaysian Anti Corruption Commission (MACC) nabbed five high-ranking FELDA personnel for alleged corruption involving a sturgeon fish-rearing project worth about US$100 million. The weekly in its analysis looks at all these negative vibes and questioned if the issues surrounding FELDA could weigh down BN and Najib’s popularity. For what lies ahead for Shahrir and FELDA, get a copy of the Edge for the week of Feb 6 – Feb 12 avalaible at newsstands now.
Source: The Edge Markets February 04, 2017 01:18 UTC