The final date for the settlers to sign the Felda loan adjustment agreement, which was made available on July 8, is on Aug 11.

In a statement today, Felda said the settlers who signed the agreement could enjoy a far lower monthly instalment, about RM150 a month and a maximum of RM300 a month.

“Settlers who have no debt or a debt of less than RM5,000 are eligible for a replanting incentive.

“The incentive is borne by Felda after the deductions of the replanting contributions or assistance from Risda,” it said.

Felda said a briefing session on the loan adjustment had been carried out online, following the current movement control.

The statement added that Felda had also tried to explain any questions that was raised during a live talk session on Facebook by its finance director and also its plantation director.

The agency also actively answered all questions raised through the social media platforms as well as uploading infographics to facilitate the settlers and new generations in getting the latest and valid information.

“Felda also provides a platform through WhatsApp whereby all the questions from settlers can be answered immediately.

“With this approach, most of the issues are answered and the settlers are more confident to sign the loan adjustment agreement,” said the statement.

The statement also announced that the settlers could check their loan statements at their respective scheme’s office or by logging on to the e-Peneroka portal.

On July 7, Prime Minister Muhyiddin Yassin announced that the government had agreed with Felda’s proposal to conditionally dispose of part of the loans of the settlers amounting to RM8.3 billion.