KUALA LUMPUR, June 25 -- Felda chairman Tan Sri Megat Zaharuddin Megat Mohd Nor wanted to resign because of existing health issues, Prime Minister Tun Dr Mahathir Mohamad said today.

"He said he is unwell and because of that he asked to be let go. We agreed," Dr Mahathir told a press conference here after attending the 33rd Asia-Pacific Roundtable at Hilton Hotel here.

Megat tendered his resignation yesterday, just 11 months since taking up the post.

In a statement today, Felda said that a new chairman will be named by Economic Affairs Minister Datuk Seri Azmin Ali soon.

"In the year that he was here, he was actively trying to understand our issues especially those regarding the settler's welfare.

"Under his administration, several t...