Refreshed mandate for GLICs


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PETALING JAYA: The country’s sovereign wealth funds (SWFs) will undergo a “re-balancing of focus” between financial returns and socio-economic deliverables.

Prime Minister Tan Sri Muhyiddin Yassin said yesterday that the SWFs will prioritise long-term capital investing in a more strategic and targeted way into new growth areas.

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Perkukuh , Prime Minister , Tengku Zafrul , KWAP , GLICs , reform ,

   

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