Wednesday, July 1, 2009

Breaking News-RTRS-Malaysia to list state-run plantation agency-report

KUALA LUMPUR, June 30 (Reuters) - Malaysia has plans to list a government-run plantation agency it says is the largest planter in the world, the country's prime minister was quoted as saying in the Business Times on Tuesday.
The Federal Land Development Authority (Felda) currently manages 800,000 hectares of plantations, although slightly more than half the estates owned by smallholders will not be under the listing.