Who is allegedly involved in FGV stake discussions?

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Tan Sri Syed Mokhtar Al-Bukhary is Allegedly Involved in Discussions Regarding FGV Holdings Bhd Stakes

Prime Minister Tun Dr Mahathir Mohamad stated he is unaware of any discussions concerning a third-party acquisition of FGV Holdings Bhd (FGV) stakes, as alleged by a Pakatan Harapan leader. If such discussions have occurred, he indicated they would likely be between Felda and businessman Tan Sri Syed Mokhtar Al-Bukhary, and not involve the government directly. Dr Mahathir was responding to allegations raised by Amanah central committee member Datuk Mazlan Aliman at the 2019 Amanah National Convention.
Prime Minister's Lack of Awareness

Tun Dr Mahathir Mohamad, when questioned by reporters, explicitly stated his ignorance regarding any ongoing discussions about a third party acquiring stakes in FGV Holdings Bhd. He clarified that any such conversations would be a matter between Felda and the alleged party, Tan Sri Syed Mokhtar Al-Bukhary, and not something the government is privy to or involved in.
Potential Felda-Syed Mokhtar Discussions

The Prime Minister suggested that if any discussions have taken place, they would primarily involve Felda and Tan Sri Syed Mokhtar Al-Bukhary. He described it as "Felda's job, not mine," indicating that the decision-making power or the negotiation process, if it exists, rests with Felda rather than the government.
Conditions for Stake Sales

While uncertain about Felda's intention to sell stakes, Dr Mahathir indicated he would not object if such a sale benefited Felda and the government, particularly if substantial funds could be generated. He likened it to a common business practice where companies experiencing losses are either closed down or sold, referencing FGV's historically high losses and its share price decline from over RM4 to around RM1.

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Who is allegedly involved in FGV stake discussions?

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