Prime Minister Tan Sri Muhyiddin Yassin delivers his speech during the Risda and Felcra 2021 dividend announcement in Kuala Lumpur April 27, 2021. — Bernama pic
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KUALA LUMPUR, April 27 — The Ministry of Rural Development has agreed to coordinate the distribution of dividends of RM189.08 million through the Rubber Industry Smallholders Development Authority (Risda) and Felcra Bhd, said Prime Minister Tan Sri Muhyiddin Yassin.
Of the amount, RM82.03 million is the 2020 dividend from Risda, while RM107.05 million is the final total income payout derived from additional profit from projects in 2020.
On the Risda dividend, he said it would be distributed to 16,080 rubber and oil palm smallholders under the Cluster New Planting Plan (RTBB) and 15,165 smallholders engaged in Commercial Replanting (TSK), involving an area of 39,430 hectares throughout country.
“Today, I understand that RISDA also distributes corporate zakat (tithe) to more than 4,000 asnaf among smallholders (deserving recipients) and selected religious institutions throughout Malaysia with a zakat value of RM2.48 million,” he said when opening the RISDA and Felcra Dividend Presentation Ceremony 2021 here, today. — Bernama