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 Felda must explain LuLu invest so much & tutup

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ze2
post Jun 14 2025, 08:42 PM

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QUOTE(JimbeamofNRT @ Jun 14 2025, 08:20 PM)
SEE THE NAME IN BOLD

WHY I AM NOT SURPRISED

https://www.mstar.com.my/niaga/2014/05/20/felda-lulu

Felda Sedia Hadapi Permintaan Besar Lulu Hypermarket
Selasa, 20 Mei 2014 2:31 PM
ABU DHABI: Lembaga Kemajuan Tanah Persekutuan atau Felda, yakin mampu menyalurkan bekalan yang mencukupi dalam menghadapi permintaan besar Lulu Hypermarket, kata Pengerusinya Tan Sri Mohd Isa Samad.

Melalui kerjasama dengan Lulu Group International, pemilik 20 Lulu Hypermarket di Emiriah Arab Bersatu (UAE), membolehkan Felda menjual produk jenama Felda Best di pasar raya tersebut.

Selain membekalkan produk kepada pasaran Lulu Hypermarket di UAE, Felda juga bakal membekalkan barangannya dalam negara untuk 10 Lulu Hypermarket, yang akan dibuka di Malaysia seawal 2016.

Isa berkata kini terdapat lebih 20,000 pengusaha Felda, yang terdiri daripada kalangan peneroka, terlibat dalam pelbagai aktiviti pengeluaran.

"Sebahagian usaha mereka ini akan digabungkan dan diletakkan di bawah satu bumbung bagi menghasilkan pengeluaran secara besar-besaran. Teknologi moden akan digunakan," katanya kepada media selepas majlis menandatangani perjanjian persefahaman dengan Lulu Group International, di sini pada Isnin.

Acara itu disaksikan oleh Perdana Menteri Datuk Seri Najib Tun Razak.

Semalam, Najib yang juga Menteri Kewangan, berkata Lulu Group akan mengimport barangan dari Malaysia bernilai kira-kira US$34 juta tahun ini dan US$50 juta tahun depan.

Menurut Isa, Felda sudah membuat persediaan teratur bagi memastikan bekalan barangan mencukupi.

Katanya nilai jualan usahawan Felda meningkat setiap tahun, dan kini mencecah angka lebih RM1 juta setahun.

Isa berkata pada peringkat awal tujuh produk makanan sejuk beku jenama Felda Best sudah pun mula dijual di Lulu Hypermarket mulai bulan ini.
*
Scums
JimbeamofNRT
post Jun 14 2025, 08:44 PM

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QUOTE(ze2 @ Jun 14 2025, 08:42 PM)
Scums
*
at this point I also dunno lah who makan who

or actually they sama sama makan on someone's punya expenses. if rugi also no need to be accountable what
JimbeamofNRT
post Jun 14 2025, 08:46 PM

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QUOTE(Nihonmaru @ Jun 14 2025, 08:41 PM)
Amerin Balakong ?
*
Balakong there right? who lah gave them idea on this area? no arab stay there also what
nasiputih
post Jun 14 2025, 08:47 PM

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QUOTE(JimbeamofNRT @ Jun 14 2025, 08:42 PM)
wah... u got share in any of these business or what? oldies likeu  also so easily get agitated over this kind of thing that doesnt concern you?

go eat first lah kawan. high blood pressure is real u know
*
ayam tink he delulu plotek org kito felda lulu
ze2
post Jun 14 2025, 08:47 PM

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QUOTE(JimbeamofNRT @ Jun 14 2025, 08:44 PM)
at this point I also dunno lah who makan who

or actually they sama sama makan on someone's punya expenses. if rugi also no need to be accountable what
*
Your last stmt korek, worst bail out and the money u know from who. Only bodo unaware, and care about brethren in the middle east, while these scums quietly songlap, and blame on you know who. Repeat. Our atok now croc tears out. Same scripts.
JimbeamofNRT
post Jun 14 2025, 08:48 PM

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QUOTE(nasiputih @ Jun 14 2025, 08:47 PM)
ayam tink he delulu plotek org kito felda lulu
*
I think he belum dinner yet tongue.gif no problem lah, we all TKSS thumbup.gif cheers.gif

saiga
post Jun 14 2025, 08:49 PM

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QUOTE(killdavid @ Jun 14 2025, 08:25 PM)
Janji ogang kito syndrome
*
When LGE in power ingat boleh tangkap all this corupsi people.

But PH coorperate pulak dengan all this korupsi puak to become gomen.

In the end, we rakyat kena game lol.

This post has been edited by saiga: Jun 14 2025, 08:50 PM
JimbeamofNRT
post Jun 14 2025, 08:49 PM

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QUOTE(ze2 @ Jun 14 2025, 08:47 PM)
Your last stmt korek, worst bail out and the money u know from who. Only bodo unaware, and care about brethren in the middle east, while these scums quietly songlap, and blame on you know who. Repeat. Our atok now croc tears out. Same scripts.
*
honestly, accountability is such a strange word here in Malaysia

taichi all out, blame others except themselves
JimbeamofNRT
post Jun 14 2025, 08:51 PM

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QUOTE(saiga @ Jun 14 2025, 08:49 PM)
When LGE in power ingat boleh tangkap all this corupsi people.

But PH coorperate pulak dengan all this korupsi puak to become gomen.

In the end, we rakyat kena game lol.
*
kita semua kawan, jangan lawan cool2.gif

user posted image
mac_mac21
post Jun 14 2025, 08:53 PM

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QUOTE(LuckyBai @ Jun 14 2025, 08:22 PM)
only moron would continue to think money fall from the skies ..

cash strapped as a result of zeorising loans and debts for the felda settlers. thought they have brain but don't know how to think
*
Imagine u sitting on tons of someone else money ready at your disposal ? means u have money in your hands but is not yours


nasiputih
post Jun 14 2025, 08:56 PM

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QUOTE(mac_mac21 @ Jun 14 2025, 08:53 PM)
Imagine u sitting on tons of someone else money ready at your disposal ? means u have money in your hands but is not yours
*
the best thing to do is gip the money to your waifu to invest in birkin bags.
ukiya21
post Jun 14 2025, 08:59 PM

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Nama pun LuLu.. memang LuLu la.. kena scam
mac_mac21
post Jun 14 2025, 09:02 PM

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QUOTE(nasiputih @ Jun 14 2025, 08:56 PM)
the best thing to do is gip the money to your waifu to invest in birkin bags.
*
Means u can use small business like beauty product timbang kati and also big international hypermarket business to do the cleaning for you


anakkk
post Jun 14 2025, 09:04 PM

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bisnis kepala sawit pon susah nak untong, apo lg ngan kadai runcit

This post has been edited by anakkk: Jun 14 2025, 09:05 PM
JimbeamofNRT
post Jun 14 2025, 09:12 PM

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QUOTE(mac_mac21 @ Jun 14 2025, 08:53 PM)
Imagine u sitting on tons of someone else money ready at your disposal ? means u have money in your hands but is not yours
*
banyak shiok that isa pendek spent money last time like no tomorrow

recap

https://www.nst.com.my/news/2015/09/felda-a...iversify-assets

Felda arm buys London hotel to diversify assets
By Zaharah Othman - December 16, 2014 @ 12:08am

LONDON: The Federal Land Development Authority (Felda) has bought a second hotel in the British capital for £60 million (RM329.54 million) in a bid to diversify its investment assets.

The four-star Grand Plaza Kensington Hotel, bought through subsidiary Felda Investment Corp (FIC), is located at Lexham Gardens in the exclusive district of Kensington, a hot spot for tourists.

“The value of properties in the United Kingdom is always on the increase and you will never lose when you invest in properties,” said Felda chairman Tan Sri Mohd Isa Abdul Samad after the launch of the hotel yesterday.

--------

https://www.malaysiakini.com/news/471716

The 8 dodgy deals that put Felda in dire straits

1. Grand Plaza Kensington: FIC paid RM75m, got RM20,500 worth in return

Park City Grand Plaza Kensington is a hotel located in central London, which FIC claimed it purchased for 60 million pounds (RM321 million) in 2014.


In reality, the hotel was purchased for 46 million pounds (RM246 million) and the remaining 14 million pounds (RM75 million) was for the benefit of certain individuals through a structure designed to make it appear as though FIC paid 60 million pounds for the hotel.
ADS

For starters, no agreement existed between the seller of Park City Grand Plaza Kensington and FIC.

Instead, a Malaysian-owned British Virgin Islands (BVI) company, referred to as "Company I" in the White Paper, purchased the hotel for 46 million pounds on Sept 12, 2014.

Subsequently, this unnamed Malaysian then transferred the shares of Company I worth US$5,000 (RM20,500) to two FIC directors at the time for 14 million pounds on Oct 13, 2014.

The ownership of the Park City Grand Plaza Kensington (purchased for 46 million pounds) and Company I shares worth US$5,000 (purchased for 14 million pounds) was only transferred to FIC in 2015, after its name was changed to FIC London Hotel (Private Limited).

This was despite FIC claiming in its financial statement that those assets were already in its possession since 2014.

"FIC suffered 14 million pounds losses from buying Company I shares which were in the name of two former (then) FIC directors without the FIC board's approval for 14 million pounds, even though it was only worth US$5,000.

"Following the questionable purchase, FIC has lodged a report with the MACC for further investigation," it said.

Furthermore, a 2015 valuation found that the value of the Park City Grand Plaza Kensington had slid to 26 million pounds (RM139 million).

This post has been edited by JimbeamofNRT: Jun 14 2025, 09:12 PM
nasiputih
post Jun 14 2025, 09:12 PM

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QUOTE(anakkk @ Jun 14 2025, 09:04 PM)
bisnis kepala sawit pon susah nak untong, apo lg ngan kadai runcit
*
what if....hear ayam out, what if ...we put kelapa sawit in a birkin bag and sell at a high price?
hotdayum
andyng36
ameliorate
post Jun 14 2025, 09:13 PM

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It's not so much the location. I been inside Lulu in capsquare, look worst than Giant. Sell all the product like for Arabs only and so messy. Look like 99 speedmart at bigger scale but price not cheap. 1st and last time there.

SUSNihonmaru
post Jun 14 2025, 09:15 PM

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QUOTE(JimbeamofNRT @ Jun 14 2025, 08:46 PM)
Balakong there right? who lah gave them idea on this area? no arab stay there also what
*
They think bangla can have Arab spending power

Not even seri kembangan there those Iraqi Iranian terrorist having such purchasing power la
JoLee
post Jun 14 2025, 09:19 PM

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[quote=Stigonboard,Jun 14 2025, 08:33 PM]
If you read again Lulu just leased hypermarket sites built by Felda

Again

Why Felda need to be responsible for Lulu hypermarket failure?
If you open grocery store by leasing a shop, your store failed and bankrupt, you also need to blame the building owner?

Felda built in anticipation of long term lease. Now linkup already who wants to lease those venues? Indirectly thy would lose .money unless they can find new tenants. With a glut of shopping center good luck. Jaguh kampong style of business kek.
JoLee
post Jun 14 2025, 09:22 PM

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QUOTE(JimbeamofNRT @ Jun 14 2025, 08:49 PM)
honestly, accountability is such a strange word here in Malaysia

taichi all out, blame others except themselves
*
Precisely accountability is not in their vocabulary because jaguh kampong never ever get fired for losing billions.

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