Yantoultra Ngui and Saeed Azhar

Arul Kanda begins work this week knowing success or failure can affect Najib.

This gives it more time to launch a planned IPO of its power assets to cut debt.

1MDB beat YTL Power International, state firm Tenaga Nasional and Malakoff Corp Bhd.

Westports Holdings Bhd, the operator of Malaysia’s busiest port, priced its IPO at the top of its projected range to raise US$680 million.