Malaysia announces $2.1b bailout for state-owned land development agency Felda

April 10, 2019 4:08 PM

KUALA LUMPUR – Malaysia announced Wednesday (April 10) it would provide RM6.23 billion (S$2.1 billion) in financial aid for state-owned national land development agency Felda, as part of measures to revive the debt-ridden organisation.

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