National FeedLot Corporation: read HERE
Asset: A resource with economic value that an individual, corporation or country owns or controls with the expectation that it will provide future benefit.
*An action taken to prevent any transactions from occurring in the account. .
I'm sorry. I put all those up not to insult your intelligence. I'm sure you all know what "freezing XXX's assets" means. In fact, I'm sure that you can come with better definitions.
Anyway, today the Prime Minister Najib Razak said that the NFC's assets had been frozen for the time being.
He said that he had asked his deputy, Muhyiddin Yassin and Agriculture and Agro-based Industry Minister Noh Omar to study how best can the NFC issue be resolved.