MOF will dissolve dormant MKD companies after financial obligations resolved


Deputy Finance Minister Liew Chin Tong.

KUALA LUMPUR: The Ministry of Finance (MoF) will dissolve dormant Minister of Finance (Incorporated) (MKD) companies after the companies resolve issues related to financial obligations, said Deputy Finance Minister Liew Chin Tong.

The Auditor General's Report (AG Report) 1/2026 reported that 36 dormant companies with net liabilities totalling RM1.248 billion required continued support from the government, agencies or parent companies to settle their respective financial obligations.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

ICT Zone Asia secures RM24.5mil ICT hardware purchase order
FBM KLCI remains steady amid choppy trading
China's yuan edges down as dollar gains; investors watch Iran war talks
MTT Shipping and Logistics targets RM652.5mil IPO to fund fleet expansion
Trump's tariffs had little impact on GDP in 2025, but raised revenue, academic paper finds
Oil prices climb as investors reassess Middle East ceasefire prospects
Lynas to develop rare earths metal production plant in Vietnam
Kenanga sees value in Astro, TA Securities issues sell call
FBM KLCI sees choppy trading in early session
Ringgit opens higher versus greenback for third consecutive day

Others Also Read