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ALTHOUGH the 10-year government-linked companies (GLCs) Transformation Programme (2004-2014) yielded positive results for some of the prominent GLCs in the country, the Covid-19 pandemic has changed the operating landscape of GLCs and government-linked investment companies (GLICs), making Malaysia’s journey towards becoming a developed nation more difficult, says Datuk Seri Ismail Sabri Yaakob.
Datuk Seri Ismail Sabri Yaakob said government-linked companies (GLCs) and government-linked investment companies (GLICs) need to continuously improve themselves to be competitive post-Covid-19, amid the ever-changing global business landscape.
KUALA LUMPUR, March 11 — The transformation programme for government-linked companies (GLCs) has lifted the market capitalisation of twenty selected GLCs 2.9 times to RM386 billion in ten years, said Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz. The programme also increased the net...
KUALA LUMPUR: The transformation programme for government-linked companies (GLCs) has lifted the market capitalisation of twenty selected GLCs 2.9 times to RM386 billion in ten years, said Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz.
KUALA LUMPUR: Public listed companies (PLCs) must undergo some transformation and improve their performance if investor interest were to be revived and sustained over a long period.