Broadnet’s moves raise concern with TM, TNB

Another well-known corporate figure on the board is Tan Sri Krishnan Tan Boon Seng(left), the former boss of IJM Corp Bhd. Krishnan joined the board in October. However, the appointment of Tan Sri Ali Hamsa(right), chief secretary to the Government, to the board of Broadnet in November raised the profile of the company.

PETALING JAYA: The aggressive moves by Broadnet Network Sdn Bhd, the company selected by the Government to undertake the Nationwide Fiberisation Plan (NFP), have raised concerns on government-linked companies (GLCs), namely Telekom Malaysia Bhd (TM) and Tenaga Nasional Bhd (TNB).

According to sources, both the GLCs are seeking more information from the Government before they engage with Broadnet.