How will Felda restore its fiscal flow with RM8.025 billion loans?

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Felda to Restore Fiscal Flow Through Loan Restructuring and Asset Sales

Felda's immediate priority is to restore its fiscal flow by engaging with creditors to restructure loans exceeding RM8.025 billion. Concurrently, the authority plans to divest certain non-strategic assets, both domestically and internationally, to bolster its financial standing. These measures are part of a broader strategy to ensure the wellbeing of Felda settlers and fulfil statutory obligations.
Loan Restructuring Discussions

The new board of directors and management at Felda will initiate discussions with creditors concerning the substantial loan amount of over RM8.025 billion. The objective of these discussions is to restructure these existing financial obligations. This process is a primary step in stabilising Felda's financial operations and improving its cash flow.
Divestment of Non-Strategic Assets

To further strengthen its fiscal flow, Felda intends to sell off assets identified as non-strategic. This divestment strategy will encompass assets held both within Malaysia and in overseas markets. The sale of these assets is expected to generate capital, thereby improving the authority's financial liquidity and capacity.
Commitment to Settlers' Welfare

Beyond financial restructuring, a key focus for the new leadership is the implementation of statutory obligations towards Felda settlers. The authority has guaranteed that livelihood loans and revenue advances will be disbursed on schedule. This commitment underscores the priority placed on the settlers' financial security and prosperity.

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How will Felda restore its fiscal flow with RM8.025 billion loans?

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