Felda Investment Corporation Sdn Bhd

Our Milestones Felda Investment Corporation Sdn. Bhd
2022

 

  • Contract for Felda Residences awarded to FICKP
  • Initiation of UK restructuring review
2022
2021
  • June – Appointment of new Group Chief Executive Officer- En Azlan Mohamed Ismail
  • June – FIC Integrated Property Management Sdn Bhd accorded the Certification of Quality Management System ISO 9001:2015 from SIRIM QAS Sdn Bhd
2021
2020
  • Aug – Exploration of Renewable Energy and the development in northern region with NCER
2020
2019

 

  • June –  Fresh mandate on divestment from FELDA on Project Sunrise
2019
2018

 

  • June –  FIC made RM20 m principal payment to AmBank through disposal of 73.5 mil shares in Barakah, 78.5 mil shares in IRIS and 1,200 shares in Encorp.
2018
2017
  • Jan – Felda Wellness Corporation Sdn Bhd and Felda Broadband Sdn Bhd were transferred to FIC from FELDA.

  • Oct – FIC established a joint venture company, Felda Water Sdn Bhd to undertake water and waste water treatment projects.

  • Nov – New Mandate from FELDA for FIC to divest its assets 
2017
2016
  • May – Incorporation of FIC Integrated Property Management Sdn Bhd
  • June – Incorporation of FIC Supplies Sdn Bhd
2016
2015
  • June – Acquired Merdeka Palace Hotel & Suites for RM160 mil.
2015
2014
  • July- Purchased 72.3% in Encorp Berhad at RM1.55 amounting to RM329 mil.
  • Oct – Acquired Grand Plaza Kensington, London for GBP60 mil.
  • Acquired Grand Beach Resort, Port Dickson for RM40 mil.
  • Nov- Purchased 9.62% in Barakah at RM1.36 amounting to RM100 mil.
  • Constructed Grand Felda House & Felda House in Wembley for GBP168 mil.
2014
2013
  • Jul -Formation of FIC as an investment to undertake non-plantation-related investment activities.

  • Nov – Bought 25.7% shares (526,379,481 units of shares) in IRIS Corporation Berhad at an average cost of RM0.275 amounting to RM145 mil.
2013
2000
FELDA was placed under the Prime Minister’s Department
2000
1970
  • FELDA matures and becomes the foremost rural land developer by 1970.
  • Commencement in Sabah
1970
1956

Establishment of FELDA on 1 July 1956

1956