Monday, December 26, 2011

Ignore poison pen letters, Felda settlers told

MALACCA: Felda settlers have been urged to disregard poison pen letters claiming that they would lose assets and incentives after the listing of Felda Global Ventures Holdings (FGVH) next year.
Deputy Minister in the Prime Minister's Department Datuk Ahmad Maslan said the Government's efforts to list FGVH is Felda's fourth phase of transfor-mation that would benefit settlers and their future generations.
“The poison pen letters are the evil work of the opposition.
“Felda will not do something negative and damaging to settlers,” he said after briefing 260 Felda participants on current issues at Southern Region Rela Training Centre in Sungai Udang here yesterday.
Ahmad said the listing of FGVH on the main board of Bursa Malaysiawould not only be a blessing for Felda settlers but for all.
“Felda's phases of transformation are from forest to plantations, secondly from forest to well-planned kampungs and then from local business to overseas.”
Prime Minister Datuk Seri Najib Tun Razak has plans to implement Phase Four of the transformation via listing to make Felda among the world's “blue chip” plantation companies.
The listing of FGVH on Bursa is set to generate funds to turn Felda into a global conglomerate.
Ahmad advised Felda settlers to use the correct channel to clear confusion over the listing exercise.
“We can't reveal everything now because it (the listing) is still being studied.
“Don't believe opposition propaganda just because of information ambiguity,” he said.

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