Rein in the GLCs
Expose the Financial cost and opportunity cost of non-performing and under-performing GLCs. The usual mild and genteel Hajiji could not hide his disappointment. Painfully, the GLCs have under delivered below par dividends by 8.8% YOY. Exceptional performers were Innoprise which produced a record of RM147 million and new comer, SMJ with a maiden ang pau dividend of RM50m for Hajiji.
Source: dailyexpress.com.my