Tabung Haji asset transfers the best option, minister says

PARLIAMENT | The government has decided that transferring Lembaga Tabung Haji's underperforming assets to a special purpose vehicle (SPV) is the best move for the fund's turnaround plan.

Two other options that were considered were for the government to act as a guarantor, or for it to provide a grant to Tabung Haji, de facto Religious Affairs Minister Mujahid Yusof Rawa told the Dewan Rakyat today...