Transformation programme lifts market capitalisation of 20 GLCs to RM386bil | TheStarTV.com

Transformation programme lifts market capitalisation of 20 GLCs to RM386bil

Published on 11 Mar 2022 9:54:19 PM

The transformation programme for government-linked companies (GLCs) has lifted the market capitalisation of twenty selected GLCs 2.9 times to RM386 billion in ten years, said Tengku Datuk Seri Zafrul Abdul Aziz.

The Finance Minister said at the launching of the GLC Open Day on Friday (Mar 11), added that the programme also increased the net revenue of GLCs to RM26.2 billion annually, besides giving shareholders a return of 11.1 per cent a year.

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Keywords
market capitalisation, glc, glic, unemployment, zafrul abdul aziz, transformation programme, government, finance minister, news, malaysia

The transformation programme for government-linked companies (GLCs) has lifted the market capitalisation of twenty selected GLCs 2.9 times to RM386 billion in ten years, said Tengku Datuk Seri Zafrul Abdul Aziz.

The Finance Minister said at the launching of the GLC Open Day on Friday (Mar 11), added that the programme also increased the net revenue of GLCs to RM26.2 billion annually, besides giving shareholders a return of 11.1 per cent a year.

Read more at https://bit.ly/37o70TO

WATCH MORE: https://thestartv.com/c/news
SUBSCRIBE: https://cutt.ly/TheStar
LIKE: https://fb.com/TheStarOnline

Keywords:
market capitalisation, glc, glic, unemployment, zafrul abdul aziz, transformation programme, government, finance minister, news, malaysia

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