Agriculture minister calls for speedy resolution of NFCorp

Agriculture minister calls for speedy resolution of NFCorp

KOTA BHARU: The Agriculture and Agro-based Industry Ministry has called for a speedy resolution to the National Feedlot Corporation (NFCorp) issue as it involves public interest.

Its minister Datuk Salahuddin Ayub said a company had expressed interest in acquiring NFCorp in the near future.

“I have already made a statement that a company is interested to acquire NFCorp. We have seen the terms, and the matter has been submitted to the prime minister and finance minister,” he said.

He said his ministry welcomed the move if the company could meet the conditions, including settling its outstanding loan with the finance ministry.

“The finance minister has said that NFCorp needs to make full repayment of the loan. He has also stated the terms that must be complied with.

“I was informed that the company is very keen to take over NFCorp. If all conditions are met, there should be no problem. The new company can continue with the NFCorp project, (but) perhaps we can change the name,” said Salahuddin.