Felda's delayed 2015 financial statement to be announced soon

Rizalman Hammim

JOHOR BARU: The delayed 2015 financial statement of the Federal Land Development Authority (Felda) will be announced soon, immediately after it is presented to its board of directors.

Its chairman, Tan Sri Shahrir Abdul Samad, said the board will hold a meeting on Feb 20, during which the financial statement will be discussed.

"Only then will we announce it to the public," said Shahrir, who was previously reported as saying that the financial statement may be presented in Parliament in March.

Shahrir also said that Felda's recent sales of shares and assets have not had any effect on its operations.

"Felda's function is not to manage shares or assets, but to manage its funds so that it will bring in revenue in order to enable it to manage the welfare and prosperity of its settlers," he said.

Shahrir was speaking to the media after attending a dengue prevention 'gotong-royong' programme at Pangsapuri Taman Larkin Idaman A here yesterday.

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