The Felda FGV listing



The question you should ask all thought leaders of FELDA is this. Why should a detriment creation commercial operation entity, be allowed to do a reverse takeover of FELDA holdings?

FGV owns 49% of FELDA Holdings that has been creation income all a time. FGV hasn't got a lane jot down as well as has no standing during all to come out with this offer in a first place.


Can FELDA discuss it everyone, how many did FGV remove really? We were usually told of losses amounting to RM 500 million. One thing you do know is, FGV is consistent. It has CONSISTENTLY mislaid income for 5 consecutive years. Perhaps Dato Sabri Ahmad can divulge entirely as well as honestly, how many FGV mislaid during those 5 years. Maybe he has left to a PM as well as reported all is OK sir. Najib is pleased to listen to that kind of story.

If FGV mislaid income over 5 consecutive years that would strongly indicate that it is incompetent. Two, it would also suggest, usually as in many GLC's subsidiary companies, a little people got really rich while a companies they helmed suffers monetary hemorrhage. Before FGV comes along as well as wishes to take FELDA Holdings, it contingency come purify about itself.

What is a purpose of this listing? Is it an try to save a losing commercial operation regard (FGV) itself? Is it done to lift income for FELDA? though FELDA has a lot of money. It has a mother lode of monetary resource that is supposing by their palm oil plantations. Unless you are a super moron, all plantations have money.

Remember...MAS was creation income as well as you do fine, when suddenly a little intelligent alec referred to that it was great to privatize MAS. S! o Tajudd in Ramli in a name of service to a republic agreed to take 32% of MAS supposing he was given a pledge over his purchase of a share. Mahathir! gave hi m that since he considers Tajudin as a captain that can pilot a NEP objectives.


So, can you ask FELDA how many they paid Ethos to come out with a inventory proposal? It contingency be a vast amount, sufficiently vast to concede a heading member of Ethos to buy a RM 15 million penthouse unit in an upscale condominium.


So, you ask Dato Sabri(right,below), lets asked him 2 questions. (1) How many did FGV remove really as well as (2) How many did FELDA compensate Ethos?

Because a PM guarantees it says Chairman Isa(right). Coming from someone who has done a disaster of Negri Sembilan- right away that's something. Isa is a man of Mahathir's heart. The captain of a NEP.The supervision is focussed in seeing a listing.

Maslan said a inventory exercise will lift RM 21 billion.


How many will FELDA get? I was told that Dato Sabri told a PM, a bulk of a income lifted will be channeled to a PM's department.

The PM is elated during a prospects of removing RM thirteen billion or so. He can go behind to Pekan as well as reinstate all a decayed hoses of a rakyat in Pekan. His munificence will be ululated by a ladies as well as wanita UMNO Pekan for generations to come.

FELDA will substantially get RM 8 billion. That will meant PM dialect will get around RM thirteen billion to concede a PM to play Santa Claus for a long time like in a above example you gave.


What will FELDA do with a ! RM 8 bil lion? Since it has borrowed income from EPF, it contingency right away compensate EPF. The superb is about RM 3 billion. If FELDA pays RM 3 billion, it is left with 5 billion. From this 5 billion, it contingency compensate a asset to FELDA settlers- 112,000 of them. That will sub! stantial ly meant an additional RM 2 billion gone.

Yes, my FELDA brothers-It's not FGV or a supervision that will compensate a windfall. That income comes from FELDA itself out of a profit share it gets from a listing. The greatest customer is a PM's dialect that will get a little thirteen billion from a inventory exercise. That is because a PM supports a inventory of an differently detriment creation concern.


With RM 3 billion left, Felda can operate during a stream turn of on condition that benefits to a 112,000 settlers in a assorted FLEDA schemes for usually a single year. After that, it will be reduced to a beggar.

With a listing, what will a settlers lose? It will remove a bulk of revenue. How come? It will immediately remove a 350,000 hectares of oil palm plantations managed by FELDA Plantations. The 350,000 hectares of land will be leased to FGV for 99 years.


FELDA needs around RM 3 billion each year. From a camp business, it gets about RM 2 billion a year as well as a change it gets from a other investments. With a relinquishment of 350,000 hectares, FELDA is left with about RM 400 million a year.With a 400 million, how will FELDA yield gratification to a 112,000 FELDA settlers as well as to FELDA schemes?

What about a conditions of a lease? We have not seen a conditions of a 99 year lease. How will FELDA get paid? It's sai! d that F ELDA will get paid each quarter? Why each quarter when FGV creates monthly profits? Why is a franchise to FGV revisable usually during twenty year intervals?

Why is a franchise to FGV revisable usually during twenty year intervals? Sabri Ahmad as well as Isa Samad contingency come out with full avowal about a listing.-Mohd.Ariff Sabri bin Hj. Abdul Aziz.aka sakmongkol.blogspot.com


(Catatan di atas adalah sed! utan dar ipada artikal terbaru Datuk Mohd.Ariff Sabri yang dimuatkan dalam blognya.) Baca artikal penuhnya disini.

cheers.
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