MELAKA: Melaka government subsidiaries must be monitored and transformed to reduce dependence on capital injections from the state, says Lendu assemblyman Sulaiman Ali.
Bernama reported the former chief minister as saying that a working team, comprising state finance officers, related agencies and experienced people, should be set up to monitor the subsidiaries’ performance so they can return profits to the state’s coffers.
He said any subsidiary that is incompetent must be closed and the staff absorbed by other state companies.
“Board members must support business development, and have diversity in age and gender,” he said during the debate on the 2024 supply bill at the Melaka state assembly today.
Sulaiman said these subsidiaries must work closely with the state government to strengthen efforts in recovering from the after-effects of the Covid-19 pandemic.