that the government does not first take from somebody else. It would appear the Felda settlers will be taken for a ride, from being owners to become virtual tenants and minority shareholders with no say whatsoever in the management of the listed company.
According to Ariff Sabri, "It’s about the Felda FGV listing... Why should a loss making business entity, be allowed to do a reverse takeover of FELDA holdings? FGV owns 49% of FELDA Holdings which has been making money all the time. FGV hasn’t got a track record and has no standing at all to come out with this proposal in the first place."
- KoSong
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