Did Felda recover all its disputed Jalan Semarak land?

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Felda has successfully recovered all 16 of its disputed land lots in Jalan Semarak.

The Federal Land Development Authority (Felda) has confirmed the full recovery of 16 land lots situated in Jalan Semarak. These parcels of land were previously transferred to Synergy Promenade Sdn Bhd as part of the Kuala Lumpur Vertical City development project. The recovery signifies the resolution of a dispute that arose concerning the ownership of these valuable assets.
Recovery of Sixteen Land Lots

Felda confirmed that 16 specific land lots were successfully transferred back into its name. While a total of 17 lots had initially been involved in sale-and-purchase agreements with Synergy Promenade Sdn Bhd between 2015 and 2016, only 16 of these were officially registered under Synergy Promenade's ownership on various dates. The formal regaining of possession for these 16 lots under the Felda name occurred on March 8.
Background of the Land Dispute

The controversy surrounding these Felda lands came to light in December, following media reports indicating a substantial risk to Felda. These reports highlighted that the authority could lose its land, estimated to be worth RM270 million, due to a questionable transfer transaction initiated in 2015. The development project for which the land was transferred was known as the Kuala Lumpur Vertical City.
Cost-Free Reacquisition of Assets

The process of Felda regaining possession of the Jalan Semarak land from Synergy Promenade Sdn Bhd was completed without incurring any financial cost. This aspect was previously reported in the month preceding the confirmation of recovery, underscoring Felda's ability to resolve the ownership issue without further financial encumbrance. The chairman, Tan Sri Shahrir Abdul Samad, announced the successful recovery at a press conference.

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Did Felda recover all its disputed Jalan Semarak land?

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