Rainforest Rescue says:
“FELDA is the world’s largest palm oil trader. Since its foundation, FELDA has cut down hundreds of thousands of hectares of rainforest in order to create oil palm monocultures. Now the company wants to collect three billion dollars at the stock market in order to buy more land in Indonesia and Africa, to destroy the rainforest and to set up oil palm plantations.
In Malaysia there is a strong opposition against FELDA’s flotation and the land grabbing associated with it. “