May 27, 2017 9:14 PM ET

Commercial Services and Supplies

Company Overview of Felcra Berhad

Company Overview

Felcra Berhad, through its subsidiaries, engages in the activities of agriculture. It also engages in various business activities, such as construction; engineering; and real estate development, management, and trade. The company was formerly known as FELCRA and changed its name to Felcra Berhad in 1997. Felcra Berhad was founded in 1966 and is based in Kuala Lumpur, Malaysia.

Lot PT 4780 Jalan Rejang

Setapak Jaya

Peti Surat 12254

Kuala Lumpur,  50772

Malaysia

Founded in 1966

Phone:

60 3 4143 3646

Fax:

60 3 4142 8162

Key Executives for Felcra Berhad

Chief Executive Officer, President and Director
Senior Vice President of Finance & Administration
Senior Vice President of Engineering
Chief Internal Auditor
Senior Vice President of Estet Management
Age: 59
Compensation as of Fiscal Year 2016.

Felcra Berhad Key Developments

Felcra Berhad To Focus On Restructuring Before Considering IPO

Felcra Berhad will be focusing on restructuring and strengthening its operations before the group considers any potential listing of its subsidiaries. Once we have settled this, we will study a potential listing. Of course, we are not looking to list the holding company, but we are looking at potentially listing our subsidiaries, maybe within the next three to five years' time," explained Chief Executive Officer Zulkarnain Md Eusope.

Felcra Seeks Acquisitions Of Plantation Areas

"The plantation segment will be the main area that we will strengthen. We will be purchasing more plantation areas, and we are currently looking for land in Sabah and Sarawak", said Zulkarnain Md Eusope, Chief Executive Officer of Felcra Berhad.

Felcra Withdraw Its Interest In Kuantan Flour Mills

Felcra Berhad has withdrawn its interest and ceased all exploratory pursuit to participate in Kuantan Flour Mills Berhad (KLSE:KFM) equity. In a filing to Bursa Malaysia, KFM said it received a letter on December 14, 2016, rom Felcra, informing that it was retracting its interest in KFM. "Thus, Felcra's letter dated December 9, 2016, shall no longer be of any effect," it said, adding that Felcra had earlier expressed interest to explore the possibility of participating in KFM's equity under a proposed reverse takeover.

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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