Malaysia’s Flailing GLCs
Designed to bootstrap the Malay community, they are enriching the elite and widening the income gap
By: Murray Hunter
Malaysia’s Khazanah Nasional Bhd, one of the world’s largest sovereign wealth funds, with interests in energy, banking and finance, healthcare, industrials, information technology, media, real estate, telecommunications and utilities, earlier this month dumped a Singaporean asset, KidZania, a children’s theme park, launched back in 2016…
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