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Azmin: Disposal of Eagle High stake up to Felda

2019-02-12 1 Dailymotion

The Government will not interfere with the decision of the Federal Land Development Authority (Felda) to dispose of a 37% stake in PT Eagle High Plantation to the Rajawali Group.<br /><br />Minister of Economic Affairs Datuk Seri Mohamed Azmin Ali said the matter should be resolved amicably.<br /><br />According to news reports, Felda is seeking to end its deal with Indonesia’s Rajawali Group and reclaim US$500mil (RM2.03bil).<br /><br />On another matter, Mohamed Azmin reiterated that the Kuala Lumpur-Singapore High Speed Rail project had been suspended until May 2020.<br /><br />He spoke to reporters after attending a Chinese New Year event on Tuesday.

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