Ailing key companies may face re-nationalization, BUSINESS TIMES

From: Business Times (Malaysia) | Date: February 21, 2002| Author: | Copyright information

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MALAYSIA may see a new "re-nationalization" phase among key companies in distress as it moves towards facing the challenges of remaking Malaysia Inc, said Tan Sri Nor Mohamed Yakcop, Special Adviser to the Prime Minister.

"Where key companies need rescuing, there may be a need for a re- nationalization phase," he told a gathering of young professionals in Kuala Lumpur last night in a speech entitled "Remaking Malaysia Inc - Challenges and Prospects". The Malaysia Inc concept, first introduced by Prime Minister Datuk Seri Dr Mahathir Mohammed in ...

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