News Formal

Bailout of troubled government-linked company, Malaysia's future among issues raised in Anwar-Najib debate

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 66%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

KUALA LUMPUR: Malaysia’s opposition leader Anwar Ibrahim and former prime minister Najib Razak squared off in a live debate on Thursday (May 12) night. The 90-minute debate centred on w

KUALA LUMPUR: Malaysia’s opposition leader Anwar Ibrahim and former prime minister Najib Razak squared off in a live debate on Thursday night.

He suggested that either Petronas takes over Sapura Energy or that the company gets government-guaranteed bank loans. It said that the financial year was one of its most challenging years in the group’s history as it faced an unprecedented liquidity crunch. He claimed that the problems faced by Sapura Energy were similar to those faced by 1Malaysia Development Berhad , Tabung Haji and Felda, among others.

“We can’t have a repeat of the situation where we have three governments and three prime ministers in the span of four years,” he said, adding that it would affect investors’ confidence in the country.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Anwar, Najib to face off in debate on ailing government-linked company ahead of expected election
Source: STForeignDesk - 🏆 4. / 71 Read more »

Anwar, Najib to face off in debate on ailing government-linked company ahead of expected election
Source: STForeignDesk - 🏆 4. / 71 Read more »