I REFER to the letter published in The Star yesterday titled, “Felda: Change to survive” by Adam Malek (online at bit.ly/star_felda), which puts into perspective the shortcomings of Felda and FGV and its overdependence on the government for financial support. If the business model is not sustainable, any amount of money pumped into Felda will not have any positive outcome.
Most surprising is the decision by the Felda’s Settlers Consultative Committee to comment negatively on the proposed acquisition of shares in FGV by a capable group, which otherwise could be the knight in shining armour that Felda needs!