I refer to the article written by Chan Kok Leong, Sharon Tan & Chua Sue-Ann, with title "Petronas the biggest contributor to government coffers" dated 19 October 2009 at the following link: http://www.theedgemalaysia.com/political-news/151639-petronas-the-biggest-contributor-to-government-coffers.html GOC = Goverment-owned Company Should Malaysia depends heavily on PETRONAS to deliver While PETRONAS should be allowed to continue making profits from oil and gas industries, the Government should focus on GOCs involved in other sectors by executing profitable ventures, curbing unnecessary expenditures, eliminating "non-compliances" at the highest management level and adopt best practices to ensure maximum returns. Having PETRONAS to contribute 99.93% of dividend to the Government (based on 10% dividend), which is equivalent to RM30.00b, there's practically nothing to worry about PETRONAS' capability to deliver. What should the Government worry about? Yes, ...
Sharing of a life of a typical Malaysia citizen and some experiences for others to analyze and learn