| Over the past decade, Khazanah Nasional Bhd has seen some hits and some misses in its efforts to transform the government-linked companies (GLCs) in its stable into regional champions. Khazanah expects to see the seven GLCs in its stable — CIMB Group Bhd, Axiata Bhd, Telekom Malaysia Bhd, Malaysia Airports Holdings Bhd, UEM Sunrise Bhd, Tenaga Nasional Bhd and Malaysian Airline System Bhd (MAS) — “graduate” in July 2015 and become high-performing entities.
Many are likely to point out that loss-making MAS has yet to qualify for graduation. The national carrier is still a long way from the finishing line in its transformation journey...............................................Full Article: Source
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