Tag: turnaround plans
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Hajiji Signals Closure Risk for Struggling GLCs Without Turnaround Prospects
Hajiji Flags Possible Closures for Loss-Making GLCs In a recent policy briefing, Hajiji Noor, the chief minister, signaled a hard line on Government-Linked Companies (GLCs) and statutory bodies that fail to deliver on financial performance. He announced that non-performing entities with no credible turnaround prospects could be shuttered to preserve state finances and protect taxpayers’…
