KUALA LUMPUR --- National Feedlot Corporation Sdn Bhd (NFCorp) has welcomed news that the auditor general had issued a news release to affirm that NFCorp is not in a "mess", putting to rest months of tireless public bashing from hard-line critics.
According to the auditor general’s statement issued on Wednesday, the audit was to evaluate whether the National Feedlot Centre (NFC) project had been carefully planned, whether its implementation was carried out prudently and had met its objective.
The audit was never on the company, National Feedlot Corporation Sdn Bhd (NFCorp), a private company registered with the Companies Commission of Malaysia with a paid up capital of RM1.11 million.
The auditor general’s news release also confirmed that the loan agreement was signed in December 2007.
"NFCorp would like to take this opportunity to thank the auditor-general for issuing this valuable conclusion to what can be described as an arduous period for NFCorp.
"The auditor-general’s statement will be a catalyst for NFCorp as it will atone our next steps in clearing the air and strengthening public perception of our business, which we cannot afford to let slide especially the trade and consumers," said NFCorp’s executive director Wan Shahinur Izmir.
NFCorp supplies premium quality beef to over 160 customers that include hypermarkets, supermarkets, mini markets, wet markets, pasar tani, processed meat manufacturers, hotels, restaurants and cafes.
It also operates its chain of restaurants known as Meatworks which serve Malaysian beef nurtured from the finest breed at the NFC in Gemas, Negeri Sembilan.
