KAMPUNG GAJAH, Feb 12 (Bernama) - Felcra Berhad today announced the
distribution of dividend amounting RM914mil for 2011.
Chairman Datuk Tajuddin Abdul Rahman said of the amount, RM839mil will be
distributed to 94,000 Felcra participants nationwide.
"The dividend will also be distributed to those under the Hardcore Poor
Development Programme (PPRT)," he told reporters after visiting Felcra National
Assembly Programme site at Changkat Lada to be attended by Prime Minister Datuk
Seri Najib Tun Razak on Feb 18.
Tajuddin said for 2010, Felcra distributed dividend amounting RM544mil to
Felcra will also establish an investment fund to be managed by Pelaburan
Felcra Berhad with initial injection of RM100mil by Felcra.
The investment fund is a new initiative to reduce dependence on farm produce
by participants which is limited due to lack of land.
FELCRA-DIVIDEND 2 KAMPUNG GAJAH
Felcra encourages participants to contribute fo the fund that will be
managed by a professional board of trustees.
"With contributrion from participants and Felcra, I expect to have a fund of
500mil in four or five years.
"Kolej Felcra will also be establish at Seberang Perak to develop human
capital among Felcra generation.
"A research and development centre will also set up to complement the
college," he added.
Some 50,000 people are expected to attend the programme where Najib will
launch the investment fund and present land titles to 1,300 Felcra participants
in Seberang Perak.