February 22, 2017 11:42 AM ET

Real Estate Management and Development

Company Overview of Lembaga Kemajuan Tanah Persekutuan

Company Overview

Lembaga Kemajuan Tanah Persekutuan is a government institution responsible for the development of land and relocation with the objective of poverty eradication through the cultivation of oil palm and rubber. The institution was founded in 1956 and is based in Kuala Lumpur, Malaysia.

FELDA Tower

Platinum Park, No. 11

Persiaran KLCC

Kuala Lumpur,  50088

Malaysia

Founded in 1956

Phone:

60 3 2191 2191

Fax:

60 3 2191 2191

Key Executives for Lembaga Kemajuan Tanah Persekutuan

Lembaga Kemajuan Tanah Persekutuan does not have any Key Executives recorded.

Lembaga Kemajuan Tanah Persekutuan Key Developments

Lembaga Kemajuan To Sell Assets In London

Lembaga Kemajuan Tanah Persekutuan is seeking to sell its hotel in London and other assets to "stabilize" its cash flow.

Lembaga Kemajuan May Sell Shares In Publicly Listed Firms And Some Hotels

Lembaga Kemajuan Tanah Persekutuan (Federal Land Development Authority) may sell shares in publicly listed firms and some hotels in London in a review of investments to raise funds, its Chairman said. "We are looking at various assets we own," Shahrir Abdul Samad told reporters. "You will see disposals, particularly overseas assets." "We have been mandated to sell some of the shares in our investment portfolio... to raise a certain amount of money. We have to sustain socioeconomic activities for our settlers," Shahrir said, referring to small landowners. He did not say how much state-owned Felda was looking to raise.

The Federal Land Development Authority Announces Management Changes

The Federal Land Development Authority appointed Tan Sri Shahrir Abdul Samad as chairman who replaced Tan Sri Mohd Isa Abdul Samad whose term ended on December 31, 2016. Mohd Isa, however, will remain chairman of Felda Global Venture Bhd (FGV).

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Recent Private Companies Transactions

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