The Government will not interfere with the decision of the Federal Land Development Authority (Felda) to dispose of a 37% stake in PT Eagle High Plantation to the Rajawali Group.
Minister of Economic Affairs Datuk Seri Mohamed Azmin Ali said the matter should be resolved amicably.
According to news reports, Felda is seeking to end its deal with Indonesia’s Rajawali Group and reclaim US$500mil (RM2.03bil).
On another matter, Mohamed Azmin reiterated that the Kuala Lumpur-Singapore High Speed Rail project had been suspended until May 2020.
He spoke to reporters after attending a Chinese New Year event on Tuesday.
Minister of Economic Affairs Datuk Seri Mohamed Azmin Ali said the matter should be resolved amicably.
According to news reports, Felda is seeking to end its deal with Indonesia’s Rajawali Group and reclaim US$500mil (RM2.03bil).
On another matter, Mohamed Azmin reiterated that the Kuala Lumpur-Singapore High Speed Rail project had been suspended until May 2020.
He spoke to reporters after attending a Chinese New Year event on Tuesday.
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