ONE of the most significant changes made by the Prime Minister regarding government-linked companies (GLCs) is the pre-eminent role of Khazanah Nasional Bhd as the strategic investment arm of the Government.
To underline this role, the Government would be transferring all shares in publicly listed companies held by Minister of Finance Inc (MOF Inc) to Khazanah. The transfer of shares should not be interpreted as a diminished role for MOF Inc since Khazanah is also under the Ministry of Finance.