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Corporate News 05 Sep 2018 | 5:07 AM

Revisiting privatisation’s claims

KUALA LUMPUR: Several arguments have been advanced to justify privatisation since the 1980s. Privatisation has been advocated as an easy means to:

Business 03 Apr 2019 | 11:27 AM

Has privatisation benefited the public?

KUALA LUMPUR: In most cases of privatisation, some outcomes benefit some, which serves to legitimise the change. Nevertheless, overall net welfare improvements are the exception, not the rule.

Business 07 Mar 2018 | 12:00 AM

Northport inks privatisation deal

PETALING JAYA: Northport (M) Bhd, a subsidiary of an MMC Group member, has signed a privatisation agreement for the operations of Northport and Southpoint in Port Klang.

Community 17 Jun 2014 | 12:00 AM

Johor to accept only cash payment for privatisation projects

NUSAJAYA: The state government will not accept payment “in-kind” for new privatisation projects to ensure that it does not lose out in the end.

Community 20 Nov 2013 | 12:00 AM

UPENJ to review privatisation policy to ensure it benefits all

NUSAJAYA: The Johor State Economic Planning Unit (UPENJ) is currently reviewing the privatisation policy in the state by comparing the privatisation projects in Johor with those in other states.

Business 16 Jun 2019 | 7:53 AM

Saudi crown prince to finalise US$533m privatisation deals this year

RIYADH: Saudi Arabia's crown prince said on Sunday that the government will finalise privatisation deals worth 2 billion riyals ($533 million) before the end of this year, according to an interview with the Saudi-owned Asharq al-Awsat newspaper.

Property 03 May 2016 | 12:00 AM

More companies on privatisation trail

ASIDE from Tan Sri Dr Chen Lip Keong’s privatisation plans for Karambunai Corp Bhd and Petaling Tin Bhd, there are other company owners doing the same.

Business 18 Jan 2014 | 12:00 AM

Shareholders hope to get higher offer for Triumphal privatisation

PETALING JAYA: Permodalan Nasional Bhd (PNB), which holds a 12.18% stake in Triumphal Associates Bhd, may hold the key for minority shareholders seeking a higher value than the RM1 offered in the planned privatisation of manufacturer and distributor of heavy machinery spare parts company. With less than a month for minorities to vote on the resolution, some are unhappy over what is seen as an offer that is “grossly unfair” given that it came at a 65% discount to the company’s book value.

Property 16 Apr 2013 | 12:00 AM

Guocoland sees active trade, privatisation candidate?

Shares of Guocoland Bhd rose to a high of RM1.05 early Tuesday as it was viewed as a privatisation candidate while Hwang DBS Vickers Research (HDBSVR) had a fair value of RM1.45.

Business 10 Dec 2016 | 12:00 AM

What’s in store for The Store privatisation?

THE proposed privatisation of The Store Corp Bhd by the family of its founders seems to have taken an interesting twist.