FIC Resources Sdn. Bhd. (“FICR”) is a Special Purpose Vehicle (SPV) established by the Federal Land Development Authority (“FELDA”) to manage and oversee its natural resources portfolio. Operating under a mandate from FELDA, FICR is entrusted with the responsibility of managing and executing all mining-related operations across FELDA and Settlers’ land throughout Malaysia.
Incorporated on 30th October 2015 under the Companies Act 1965, FICR is a private limited company with an authorized share capital of 400,000 ordinary shares, each valued at RM1.00. FICR is a wholly-owned subsidiary of Felda Investment Corporation Sdn. Bhd. (“FICSB”), which serves as its immediate holding company, with FELDA acting as the ultimate parent entity.