Tag: state-linked enterprises
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Sabah Leader Signals Shutter for Loss-Making GLCs with No Turnaround Prospects
Sabah signals tough stance on loss-making GLCs In a bold move aimed at tightening oversight over state-linked companies, Sabah Chief Minister Hajiji Noor today outlined a plan that could see loss-making Government-Linked Companies (GLCs) shuttered if they show no signs of turnaround. The announcement places efficiency and accountability at the forefront of the state’s corporate…
