Felda Global Ventures will have to understanding with a menteris besar in a Pakatan Rakyat- led states if it wants Felda settlers' land.
KUALA LUMPUR: Kedah, Kelantan as good as Selangor will not hand over Felda land to Felda Global Ventures (FGV) which is aiming for listing. That's a stand taken by a Felda Settlers' Children's Association (Anak). Anak boss Mazlan Aliman pronounced a 3 Pakatan Rakyat-led states will not pointer an agreement to surrender their Felda land to FGV.
"All 3 Pakatan-led states will not be signing this agreement to hand over a land to FGV.
"We will be meeting all a state menteris besar soon to communicate a stand, " he said.
State land matters come under a menteri Besar as good as FGV will have to encounter a 3 menteris besar to obtain tenure of a land.
According to Mazlan, both Kedah as good as Kelantan have agreed with their stand as good as Selangor Menteri Besar Abdul Khalid Ibrahim has been informed of Anak's decision.
He pronounced a PAS central cabinet had met upon a issue final month as good as decided opposite signing a agreement.
Maslan additionally pronounced Anak will hold a array of roadshows called, "Gerakan Selamat Felda", to communicate a association's stand.
Anak has been during a forefront fighing to secure settler's rights as good as divulgence wrongdoings in a land authority.
It was a single of a first stakeholders which opposed a inventory of FGV.
FGV inventory upon lane for April
In recent months, questions raised by a antithesis as good as eccentric analysts upon a genuine benefits to settlers! have le ft unanswered.
According to Centre for Policy Initiatives director Lim Teck Ghee, during stake are not simply concerns of how good a charity will be received by investors though additionally a primary public charity (IPO) pricing as good as alternative market-related issues.
"This is not your ordinary inventory exercise aimed during reconciling a interests of a tiny group of primary shareholders with those of alternative new parties.
"Neither is it a question of how most gains a primary settlers as good as shareholders can make from this inventory exercise.
"There are over 240,000 members of Koperasi Permodalan Felda. Together with their immediate as good as alternative dependent family members, Felda settlers as good as their children series several millions of a citizens.
"This really large group has formed a fortitude of a rural community, " he said.
But FGV appears unfazed by a growing groundswell opposite its decision.
Early this month, FGV boss as good as chief senior manager officer, Sabri Ahmad, pronounced which plans to list a association upon Bursa Malaysia in Apr 2012 was upon track.
He pronounced FGV was firm in its mission to get a inventory finished within this time-frame.
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Courtesy of Bonology.com Politically Incorrect Buzz & Buzz
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