To list and not to list: Pro and anti-Felda IPO groups petition Najib


To list as well as not to list: Pro as well as anti-Felda IPO groups petition Najib
More than 200 Felda settlers marched to a Prime Minister's Office in Putrajaya after Friday prayers to criticism a inventory of Felda Global Ventures Holdings Bhd, a share sale which they fear will display their lands to be taken over by market manipulators who can dilemma a stock once a is listed.
The protesters carried huge banners stitched together with a little 40 pieces of fine cloth bearing thousands of signatures of those opposite a listing, which Prime Minister Najib Razak has slated for Jun this year.
Mazlan Aliman, a PAS leader as well as a conduct of ANAK - an association of second era settlers - led a 7-member delegation to submit a chit to Najib, who had left to Perak to attend a wake Raja Ashman Shah.
Opposing group
To counter their move, 7 pro-Umno Felda NGOs additionally sent a chit to Najib, expressing support for a listing. Their representative, Felda Youth Council of Malaysia president Anuar Abdul Manap, was perceived by Ahmad Maslan, a deputy apportion in a Prime Minister's Department.
Ahmad later told reporters which a IPO was on track for a Jun debut.

"We will proceed with a inventory notwithstanding politically motivated antithesis attempts to jeopardise a move, as well as a slight check from a original inventory date of May," pronounced Ahmad. He claimed which a infancy of Felda settlers supported a share sale.
Malaysia Chronicle
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