Malaysia's Mahathir says some state-owned entities may be listed

KUALA LUMPUR: Malaysia may list certain state-owned entities to cut government debt and liabilities, Prime Minister Mahathir Mohamad said on Tuesday as it seeks new revenue sources to boost its fiscal position.

State-linked companies could also pare equity stakes, he told a conference of investors in Kuala Lumpur. Sovereign wealth fund Khazanah Nasional Bhd announced a new strategy this month, saying it was gearing up to be a"long-term real return provider" to the government through its commercial investments.

Some analysts have also speculated the government could list a small portion of its stake in state energy firm Petronas to generate revenue.

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Mahathir says some Malaysian state-owned entities may be listed[KUALA LUMPUR] Malaysia may list certain state-owned entities to cut government debt and liabilities, Prime Minister Mahathir Mohamad said on Tuesday as it seeks new revenue sources to boost its fiscal position. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »