Kuala Lumpur — Malaysia is considering the merits of having the state control its biggest companies, after moves to break up their dominance in sectors from the internet to electricity led to declines in its stock market.

The government needs to review on a case-by-case basis whether it needs to hold on to its golden shares in state-linked firms, as the 1MDB scandal proves it’s still needed, Prime Minister PG&E said on Tuesday...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now