PUTRAJAYA, April 23 (Bernama) -- Prime Minister Datuk Seri Najib Tun
Razak announced the disposal of 10 companies -- five under the
Permodalan Nasional Berhad (PNB) stable and five subsidiaries of
Khazanah Nasional Bhd.
The disposal was to enable all the companies to be handed back to
Bumiputera companies through open tenders, said Najib, who is also
Finance Minister.
The decision was made at the two-hour Bumiputera Agenda Action Council meeting chaired by Najib, here Monday.
The prime minister said the decision would facilitate PNB, Malaysia's
biggest fund manager, and Khazanah, the government's investment arm, to
dispose non-core businesses besides providing the opportunity to
potential and proven track record Bumiputera firms to take over the
companies to develop them further.
Present were Deputy Prime Minister Tan Sri Muhyiddin Yassin, Second
Finance Minister Datuk Seri Ahmad Husni Hanadzlah and Minister in the
Prime Minister's Department Tan Sri Nor Mohamed Yakcop.
Najib said the names of the companies would be announced soon as they
need to undergo the process of getting the decision from the board of
directors.
At Monday's meeting, it was also decided to add 50 more Bumiputera core
companies, bringing to 130 Bumiputera high-performance entities, he
said.
"The meeting was also informed that several companies which were listed
have now become parent companies in their respective fields," he said.
Najib said Ahmad Zaki Resources Bhd was an example of Bumiputera
companies which have been awarded a major contract in the Mass Rapid
Terminal project and a supply contract worth RM500 million within a
two-year period.
He also said the MITC Ancasa Hotel (M) Sdn Bhd was working with the Unit
Peneraju Agenda Bumiputera (Teraju) in the Prime Minister's Department
in the tourism industry sector.
Under the collaboration, the MITC would invest RM100 million over the
next three years to realise its expansion plan besides helping other
Bumiputera companies, he added.
No comments:
Post a Comment