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Few Companies Likely To Be Privatized In Second Half Of 2010 Or In Early 2011 | CTRM Aviation Sdn Bhd - CTRM Aviation Sdn Bhd

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Few Companies Likely To Be Privatized In Second Half Of 2010 Or In Early 2011

06/4/2010

In March, the government of Malaysia had announced plans to privatize CTRM Aero Composites Sdn Bhd, Ninebio Sdn Bhd, Percetakan Nasional Malaysia Berhad and Inno Biologics Sdn. Bhd. These companies are likely to be divested in the second half of 2010 or in early 2011. The government is scouting for strategic investors to take a "substantial" stake in Proton Holdings Bhd.