VOTE COUNT FOR/AGAINST FELDA KPF Extraordinary General Meeting
Dewan Perdana, Felda Headquarters Kuala Lumpur
1,102 FOR120 AGAINST
Clearly, an overwhelming majority of Felda settlers as well as staff (89.8 per cent) wish a IPO to happen. At their Cooperative's EGM today, their representatives eventually defeated steady attempts by outsiders, led by politicians from Pakatan Rakyat, to scuttle a due listing, which is designed to give 112,000 Felda settler family groups a greater say in a running of a more global Felda. The inventory of Felda, initial due by Dr Mahathir Mohamad in a inhabitant bill in 2003, was since a brand new lease of hold up by Najib Razak as soon as he became PM 3 years ago. Anwar Ibrahim's bloc have indicted Najib of trying to use a deduction from a IPO to give business to associate banks as well as brokers. The Felda IPO will be one of a greatest a country has ever seen.
There were 5 spoilt votes as well as fifteen ballots were not returned.
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