GLICs drawing up plans to safeguard stakes


  • Business
  • Saturday, 28 Jul 2007

PETALING JAYA: Several government-linked investment companies (GLICs), which have been tasked with setting up their own exchange-traded funds (ETFs), are drawing up strategies to safeguard their stakes in government-linked companies. 

It is learnt that some of the GLIC heads are planning to make government fund management company ValueCap Sdn Bhd their ETF fund manager. 

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


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!
   

Next In Business News

Trade showing remains on upward trajectory
Maxis pledges full support to government’s 5G delivery model
Fajarbaru Builder secures RM13mil job
MKH Oil Palm IPO oversubscribed
The pros and cons of earned wage access
Making every load lighter
Making the Malaysian startup pitch
How Sin-Kung leveraged air cargo for its success
Domestic office-sector REITs stay cautious
‘Muted optimism’

Others Also Read