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Johor rep against stripping of valuable GLC assets
Published:  May 8, 2017 12:23 PM
Updated: 5:00 AM

Government-linked companies (GLCs) should not sell assets with good potential, said Johor state assemblyperson Tengku Putra Haron Aminurrashid.

"(I) hope that there is no plan to take the easy route in the future in privatising or selling off good assets with high potential to any party, especially if the GLC is able to develop the project itself," the Kempas assemblyperson said in his speech delivered at the Johor legislative assembly.

Tengku Putra Haron said such assets and projects should not be sold to benefit others while GLCs are left with only assets that do not have much potential and might not be as valuable.


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