KPF’s Al-Rawda exposure raises fresh questions over RM119.38 million
Photo: The Vibes
KPF records showed the amount owed by Al-Rawda stood at about RM9.86 million in 2015 before rising to RM40.45 million in 2016.
From the original report
KOPERASI Permodalan FELDA (KPF) is facing fresh questions over its financial dealings with an Arab Saudi company also linked to the losses suffered by Tabung Haji (TH).
The questions were raised by FELDA second- and third-generation member Ridhuan Esa, who pointed to KPF's financial statements showing its exposure to Al-Rawda Investment for Real Estate Development & Project Management Ltd had grown significantly over the years.
…
This is a brief of a report by another newsroom. The excerpt below is from the original.
Read the full report at The Vibes
The Vibes
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About this story
- Source
- The Vibes
- Originally published
- Aug 24, 2026
- Updated here
- Sep 8, 2026
- Produced by
- Malaysia Times desk (brief) — reporting by the source
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