Khazanah needs comprehensive plan for non-performing companies, says Azmin | The Malaysian Insight

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Khazanah needs comprehensive plan for non-performing companies, says Azmin

Economic Affairs Minister Mohamed Azmin Ali says Khazanah Nasional's management must identify which companies are not performing and decide whether to consolidate or sell them. – The Malaysian Insight file pic, March 11, 2019.

KHAZANAH Nasional Bhd must have a comprehensive plan to revive non-performing companies under its management to ensure better returns by the end of the year, said Economic Affairs Minister Mohamed Azmin Ali. He said its management must look into the matter and overcome problems faced by poor-earning companies – a necessary business decision to save the sovereign wealth fund.

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Give strategic direction and engage the employees. Don’t keep them in the dark or ignore them! You will find there are loyal employees who know what’s wrong and should be done but blocked by aristocratic board members, and there are talents in those companies, if culture is right

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