PETALING JAYA: More government assets could be unlocked via new listings on the KL Stock Exchange and reduction of some of its large holdings in companies such as Tenaga Nasional Bhd and Telekom Malaysia Bhd as well as banks.
For Budget 2004, this could be one of the ways to increase government revenue and also add liquidity to the KLSE. The potential list of new listings could be in addition to those speculated by the market following the announcement of a 10-point plan to spur the capital market.
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