Govt to sell non-strategic GLC assets, priority for bumi buyers

The government plans to sell assets belonging to government-linked companies (GLCs) and government-linked investment companies (GILCs) which are deemed non-strategic.

The 12th Malaysian Plan (12MP) document revealed that the sale of such assets will give priority to bumiputera investors.

This is with regard to the 12MP's strategy to enhance the role of...