Latest news with #FeldaRoboandNovate2025
New Straits Times
6 days ago
- Business
- New Straits Times
Felda to consult PMD on RM100,000 allocation for land scheme villages
KUALA LUMPUR: The Federal Land Development Authority (Felda) will consult the Prime Minister's Department to determine the best approach for distributing the RM100,000 allocation to each village in its land schemes, as announced by Prime Minister Datuk Seri Anwar Ibrahim yesterday. Its chairman Datuk Seri Ahmad Shabery Cheek said the move aims to ensure the funds are distributed efficiently and achieve the government's objectives. "We will refer to PMD to establish the appropriate criteria for recipients to ensure that the assistance is properly utilised and achieves the intended goals," he said. He said the allocation would be tailored to the needs of individual villages, some of which have Land Scheme Working Committees (JKTR), cooperatives, or youth councils. Ahmad Shabery said this to reporters after launching the Felda Robo and Novate 2025 programme, themed 'Young Innovators, Global Future,' at the Mega 3D Carnival (MK3D) 2025 at the Malaysia International Trade and Exhibition Centre (Mitec). Also present was Felda director-general Datuk Dr Suzana Idayu Wati Osman. Yesterday, Anwar announced the RM100,000 allocation for each village under Felda to fund development projects decided by the local residents. This initiative aligns with the Madani government's focus on consultation and empowering the people. Regarding the delisting of FGV Holdings Bhd (FGV) from Bursa Malaysia, Ahmad Shabery said it should not be viewed negatively. He said delisting will allow for a restructuring of the company without being constrained by the regulations governing public companies, ultimately enabling Felda to fully own FGV and run welfare activities for settlers more effectively. Anwar had earlier confirmed that Felda would have control over FGV's direction once the delisting process is completed, which will begin on August 28.
The Sun
6 days ago
- Business
- The Sun
Felda to consult JPM on RM100k village allocation for land schemes
KUALA LUMPUR: The Federal Land Development Authority (Felda) will engage with the Prime Minister's Department (JPM) to finalise the distribution method for the RM100,000 allocation per village in its land schemes. The announcement was made by Prime Minister Datuk Seri Anwar Ibrahim yesterday. Felda chairman Datuk Seri Ahmad Shabery Cheek stated that the consultation aims to ensure the funds are used effectively to meet government objectives. 'We will refer to JPM to set the right criteria for recipients, ensuring the assistance is properly utilised,' he said. The allocation will be customised based on village needs, with some having Land Scheme Working Committees (JKTR), cooperatives, or youth councils. Ahmad Shabery shared this during the launch of the Felda Robo and Novate 2025 programme at the Mega 3D Carnival (MK3D) 2025 in MITEC. Anwar's RM100,000-per-village initiative supports the MADANI government's focus on community-driven development. On FGV Holdings Berhad's delisting, Ahmad Shabery clarified it is not negative but allows restructuring without public company constraints, enabling Felda to fully manage FGV for settlers' welfare. - Bernama
