Felda gets back 16 plots of land on Jalan Semarak

 |Mar 9, 2018
Tan Sri Shahrir Abdul Samad.

KUALA LUMPUR: Tan Sri Shahrir Abdul Samad has announced that Felda  has regained 16 plots of Jalan Semarak land back from Synergy Promenade Sdn Bhd (SPSB).

The Felda chairman told reporters today that fourteen plots were registered on March 2 while the remaining two plots were registered under Felda’s name yesterday.

“The plots of land measured 8.09ha and are free from any encumbrances,” The Star Online quoted him as saying.

“I’m relying on an independent search by (Pandan MP) Rafizi Ramli to reveal that the plots of land in question were free of encumbrances,” he said jokingly when asked whether there were any restrictions on the land.

He pointed out that if it was said that Felda did a search on the status of the land, there will be some claiming it to be a sham hence it would be a better idea that the matter was confirmed independently.

He explained that the return of the land to Felda was part of a three-point agreement with SPSB under a memorandum of understanding (MoU) signed on Jan 15.

Shahrir said that according to the MoU, Felda would have the land transferred back at no cost to it.

“Felda’s Special Consultative Committee will renegotiate the terms of the master development agreement with SPSB to improve on the terms,” he added.

Shahrir said this referring to the earlier agreement between Felda Investment Corporation Berhad and SPSB in 2014.

He said the land is said be valued at RM270 million and added that it will be re-evaluated.

Shahrir however declined to comment on the police investigation as it was an ongoing case.

“All I can say is this was part of the agreement with SPSB,” he added.

The controversy surrounding the land ownership surfaces following a local newspaper report last December, stating that Felda was at risk of losing the land earmarked for development between SPSB and Kuala Lumpur Vertical City (KLVC) in December 2015.