Perak govt shuts down 27 subsidiaries to save costs - MB

The Perak state government has shut down 27 of its subsidiaries identified as non-performing and burdensome to save costs.

Perak Menteri Besar Saarani Mohamad (above) said Perbadanan Kemajuan Perak (PKNP) subsidiaries affected by the closure were, among others, not carrying out business activities and not contributing to the state government.

"We found that they were...