PETALING JAYA: Malaysia’s 20 government-linked companies’ (GLCs) market capitalisation tripled to RM435bil as at end-October 2014 from RM140bil in May 2004, according to Khazanah Nasional Bhd.
In a statement, the sovereign fund said the net profit of the 20 GLCs (G20) grew at a compounded annual growth rate of 11.1% from financial year 2004 (FY04) to FY13.
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