Khazanah MD to govt: Control GLCs via regulators, not golden share

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KUALA LUMPUR — Malaysia sovereign wealth fund Khazanah Nasional Bhd managing director Datuk Shahril Ridza Ridzuan said today the nation’s government-linked companies (GLCs) can be regulated via industry regulators rather than through the government’s golden share concept.

Shahril said this is because the nation has really good regulators now for industries like the energy, aviation and telecommunication sectors.

“You can actually regulate how the businesses run through regulation rather than through the golden share.

Read more: https://www.theedgemarkets.com/article/khazanah-md-govt-control-glcs-regulators-not-golden-share#.Xh15qt6OL9c.whatsapp

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