The changing face of corporate Malaysia

Government connection: The GLICs are the Ministry of Finance Incorporated (MoF Inc), Permodalan Nasional Bhd (seen here), Khazanah Nasional Bhd, Employees Provident Fund( EPF), Lembaga Tabung Angkatan Tentera(LTAT), Lembaga Tabung Haji (LTH) and Retirement Fund Inc (KWAP).

EVER wondered who dominate corporate Malaysia?

While Malaysia has its fair share of tycoons who have built their empires over the years, most of the country’s largest corporations are actually controlled by a select group of government-linked investment companies or GLICs who own major stakes in many large listed corporations in Malaysia dubbed government linked companies or GLCs.