Amid the interest in GLC revamps, it is easy to forget those that are not listed. Undercapitalised and burdened by bad loans, Bank Industri & Teknologi Malaysia needs rejuvenation. The process has already begun, says Othman Mohd Rijal.
AMID the expectation that a successful revamp of government-linked companies(GLCs) will boost the stock market,it is easy to forget that not all ofthese companies are listed. For thatmatter, some of them will never getto Bursa Malaysia simply becausemaking profits is not their raisond'être.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
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!
