Tuesday, August 25, 2026

Non-performing Sedco subsidiaries to face closure, reforms

KOTA KINABALU: Subsidiaries under the state Sedco Group that fail to turn profitable within a year will be shut down or undergo buyouts, its newly appointed chairman Datuk Masiung Banah says. Read full story

Source : https://www.thestar.com.my/news/nation/2026/01/21/non-performing-sedco-subsidiaries-to-face-closure-reforms

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