Felcra Bhd CEO refutes oil palm fruit mill sale rumours

Datuk Idris Lasim also denies allegations linking company chairman with alleged deal following reports of the latter selling factories to non-Bumi company

2:36 PM MYT

 

KUALA LUMPUR – Felcra Bhd today confirmed that there was no sale of the company’s oil palm fruit processing factories as claimed by some parties and that they are still operating as usual. 

Felcra chief executive officer Datuk Idris Lasim said the company’s management also confirmed that no proposal to sell such factories had been submitted to the board of directors for approval. 

“The management of Felcra Bhd also denied any allegations on social media linking the chairman of Felcra Datuk Seri Ahmad Jazlan Yaakub with the sale of the factory to any party,” he said in a statement today. 

He said until now, five oil palm fruit processing factories are fully owned and managed, namely the Perak Seberang Palm Mill, the Maran Palm Mill in Pahang, the Sg Melikai Palm Mill in Johor, the Bukit Kepong Palm Mill in Johor and the Felcra Palm Mill Nasaruddin in Perak. 

Yesterday the media reported that Felcra chairman Datuk Seri Ahmad Jazlan Yaakub denied the allegation that he sold a Felcra factory to a non-Bumiputera company and was ready to be investigated. 

Jazlan also challenged the accusing party to lodge a report to the Malaysian Anti-Corruption Commission. 

The accusation was allegedly made by Bersatu information bureau committee member Badrul Hisham Shaharin, better known as Chegubard, earlier and he repeated it in the Nenggiri state by-election campaign in Sg Asap, here yesterday. 

Chegubard was quoted as claiming that there was an attempt to transfer a factory owned by Felcra located on land owned by the state government to a non-Bumiputera company. 

Idris said Felcra Bhd will continue to serve the community and ensure that the interests of all parties involved are always prioritised to strengthen its position in the agricommodity manufacturing industry and further contribute to the socioeconomic development of the country as a whole. 

In the statement, Idris also said that Felcra Bhd is a corporate company wholly owned by the Minister of Finance Inc and is under the supervision of the Rural and Regional Development Ministry.

It carries out several main activities in its business that focus on rural development, namely farming through land consolidation and rehabilitation programmes and also developing land commercially and venturing into the field of agro-food. 

After being corporatised for 27 years, it has managed to distribute more than RM8.11 billion in profit to nearly 107,000 participants throughout Malaysia. – August 10, 2024

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