Sunday, October 10, 2010

Malaysia gets 5 proposals to buy GLCs

The Malaysian government has received five proposals from the private sector to buy state-linked companies, Prime Minister Najib Razak told reporters today in Putrajaya, near Kuala Lumpur.

Najib, who is also finance minister, said he will comment on these in Malaysia’s Budget on October 15. He didn’t mention which businesses may be involved. -- Bloomberg

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