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Monday, April 16, 2012

'Felda windfall revenue should be debt-free'



Felda settlers should be given shares free of charge and not be forced to take loans to buy shares when Felda Global Ventures Holding (FGVH) is listed, said PKR.

NONE"We stress that the best way to give due recognition to the pain, toil and perseverance of Felda settlers ... in a sustainable manner is by granting (them) shares," said  vice-president Nurul Izzah Anwar.

Rebutting by Felda chairperson Isa Abdul Samad’s claims that settlers will not be compelled to apply for loans to buy shares, she said: "That is windfall revenue in the real sense, free from shackles of debt."

She was speaking to reporters at the Parliament lobby today.
[More to follow]

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