The economic scenario of the post-independence era in the 60's created a situation where unemployment occurred when European-owned rubber estates were sold to local entrepreneurs who in turn fragmented and sold them for profit thus resulted in loss of employment for the Estate Workers.

In an effort to rectify the problem, the Malaysian Indian Congress, spearheaded by the late Tun Dr. V. T. Sambanthan, and some concerned citizens, established the National Land Finance Co-Operative Society (NLFCS) to purchase estates that were being sold for fragmentation and to safeguard the employ...