GLICs, GLCs give RM50mil for post-flood recovery

Dire situation: Flood victims stranded on the roof of their home in Taman Sri Muda, Section 25, in Shah Alam. — FAIHAN GHANI/The Star

KUALA LUMPUR: Government-linked investment companies (GLICs) and government-linked companies (GLCs) have agreed to contribute RM50.8mil to assist efforts in post-flood recovery.

Prime Minister Datuk Seri Ismail Sabri Yaakob said the contributions increased by 100% compared to RM25mil announced on Sunday.