Govt to review management of GLC shopping malls

Meeting of minds: Ismail Sabri receiving a courtesy call from Raimondo at his office at the Parliament building. — Bernama

KUALA LUMPUR: The government intends to review the management of shopping malls owned by government-linked companies (GLCs) to ensure they are managed by local companies so that bumiputra traders can conduct their businesses there.

Prime Minister Datuk Seri Ismail Sabri Yaakob said this was because bumiputra traders were unable to afford business spaces at the malls, even at GLC-owned malls, due to high rental rates and tough competition.