"For example, 1Malaysia Development Bhd (1MDB) is not doing what it promised to do, such a case, the government needs to take over, ” he told reporters.
KUALA LUMPUR: The government will do away with holding golden shares in government-linked companies (GLCs), if necessary, said Prime Minister Tun Dr Mahathir Mohamad.
However, it will forego from having golden shares in the selected companies after conducting a proper study on each case.
Already a subscriber? Log in.
Get 30% off with our ads free Premium Plan!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
