Felda settlers give IPO a big nod at EGM


VOTE COUNT FOR/AGAINST FELDA KPF Extraordinary General Meeting
Dewan Perdana, Felda Headquarters Kuala Lumpur

1,102 FOR

120 AGAINST
Clearly, an overwhelming majority of Felda settlers as well as staff (89.8 per cent) want a IPO to happen. At their Cooperative's EGM today, their delegates finally degraded steady attempts by outsiders, led by politicians from Pakatan Rakyat, to skip a proposed listing, that is designed to give 112,000 Felda settler families a larger contend in a running of a some-more tellurian Felda. The inventory of Felda, first proposed by Dr Mahathir Mohamad in a inhabitant budget 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 a single of a greatest a nation has ever seen.

There were 5 spoilt votes as well as 15 ballots were not returned.

- rocky's bru
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