FELDA : The smell of easy money? (Part 1)

  • Until Perkasa demonstrated against Dato' Dzulkifli Abd Wahab, you paid really small attention in issues surrounding Felda. Perkasa movement forces to me to talk distinguished people read as well as assimilate a issues surrounding a organization. Now you know a game devise of a politician. For certainty, a settlers will in conclusion be a losers if BN is authorised to rule in a subsequent 5 years, as it appears which they have made their thoughts upon what they wa! nt as well as h ow they want it to be done. Clearly, a most appropriate interest of a settlers is a final thing upon a thoughts of a politicians. To assimilate a sum issue, a single need to assimilate a structure as well as a personalities at a back of Felda.
  • First you have a management which is called FELDA (Federal Land Development Authority). This is a Malaysian government group doing a resettlement of farming bad in to newly grown areas. It focuses upon opening smallholder farms flourishing money crops. In a early days, a assorted resettlements created were made in a form of cooperatives where a settlers do not own a land though own shares in a cooperative. The cooperative, Koperasi Felda (KPS) is a landowner. The scheme change at a after date when settlers insist which they have been should be a owners of a land which they had toiled. The office bearers of KPS must be settlers or young kids of settlers. That is partial of a organization charter.
  • On a 6th Sep 1995, Felda Holdings was incorporated as well as it became a public association upon 3rd October 2003. Under a union arrangement, a mild became an investment group for a settlers. It owns 51% of Felda Holdings. The mild is now well known as Koperasi Permodalan Felda (KPF). The balance 49% is owned by F! elda Glo bal Ventures, a association which is owned by a FELDA, a Authority. The sum structure appears to be confusing since everything from a management to a cooperatives as well as a land is called Felda. The line separating them is really vague.
  • Felda Holdings Bhd is a land association determined upon 6th Sep 1995. Its principal activities especially in oil palm plantations, palm oil downstream business, manufacturing as well as services. It handling over 550,000 hectares of land belonging to settlers. It provides technical advisory as well as await services for all a Felda Group's agricultural pursuits. In sum this involves a little 300 estates, 70 palm oil mills, 7 refineries, 4 kernel abrasive plants, 13 rubber factories, manufacturing plants as well as multiform logistic as well as bulking installations situated via Malaysia as well as in assorted locations overseas.
  • With ONE aim, Bandai move FELDA Authority as well as KP! S under a PM department. Najib was given a shortcoming to manipulate a sum operations. In 2011, Isa Samad was made a authority of FELDA Authority as well as Felda Holdings. Since there is a clever opposition in KPF, Isa Samad wants to carry out KPF by being a authority of KPF. Once this happen, then Felda, as you know it will vanish forever. you will write more about a deceiving devise in a subsequent post? It would be about money!


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