FELCRA Disburses RM106.3 Mln Dividend To 73,132 Settlers


Felcra Bhd today distributed RM106.3 million in the final dividend payout for 2013 to 73,132 participants of its plantation schemes on the back of net profit for the year of RM282.7 million, said chairman Datuk Bung Moktar Radin.

The payouts included RM410,000 for 123 members of Koperasi Sukau Kinabatangan Bhd, he said, adding Felcra had paid in advance the first and second interim dividends of RM80.8 million and RM95.5 million respectively.

“As of December 2013, there were 1,483 Felcra land consolidation and rehabilitation projects on government and settler-owned land covering 169,583 hectares nationwide,” he said at the announcement of the dividends and the groundbreaking for the PPSK Sukau housing scheme here today.

He said 1,110 of the projects, covering 98,734 hectares, yielded a net profit of RM282.7 million.

At the event, the Kinabatangan MP presented a mock cheque for RM106.3 million to Jimran Mislong, representing the Sukau Felcra settlers.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: