No Felda hotel sale proposal when I was chairman, says Shabery
2 Articles
2 Articles
No Felda hotel sale proposal when I was chairman, says Shabery
Ahmad Shabery Cheek, who stepped down as Felda chairman in June, said he was concerned that the prime minister might have been wrongly advised on the purported sale. (Bernama pic)PETALING JAYA: Former Felda chairman Ahmad Shabery Cheek says no proposal to sell any of the agency’s hotels in London was submitted during his tenure, which ended in late June.Shabery said Felda adding owned four properties in London, comprising two hotels and two stud…
Felda's London Hotel Mystery: PM and Ex-Chairman Tell Very Different Stories
Subscribe to our FREE Newsletter, or Telegram and WhatsApp channels for the latest stories and updates. Prime Minister Datuk Seri Anwar Ibrahim revealed on Saturday (8 August) that he blocked the sale of a Felda-owned hotel in the United Kingdom two months ago. The proposed sale price was £100 million, while the original purchase price, he said, was £160 million. That would have meant a loss of £60 million, or roughly RM330 million. Anwar said h…
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