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Felda given 3 days to remove assets from 10 Terengganu plantations

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State executive councillor Azman Ibrahim says the dispute over profit-sharing had persisted over the past 40 years.

PETALING JAYA: Felda has been given three days by the Terengganu state government to remove its movable property from 10 plantations of its subsidiary FGV Holdings Bhd covering nearly 15,000ha.

Terengganu executive councillor Azman Ibrahim said the assets would be seized if not removed by then.

The action comes following a dispute over the sharing of profits between Felda, the federal land development authority, and the state government. He said the issue had persisted over the past 40 years.

Tags:Azman IbrahimFeldaFGV holdingsland disputeprofit-sharingTerengganutrespassing


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