A top-level change over the weekend at Petroliam Nasional (Petronas) has sparked concerns that Prime Minister Muhyiddin Yassin's government is set to overhaul laws that would rid the national corporation of its role as the sole custodian of Malaysia's hydrocarbon resources.
Mr Wan Zulkiflee Wan Ariffin, president and chief executive officer of Malaysia's only Fortune 500 entity, was reassigned as chairman of the country's beleaguered national carrier Malaysia Airlines (MAS), Mr Muhyiddin's office announced last Saturday.
Already a subscriber? Log in
Read the full story and more at $9.90/month
Get exclusive reports and insights with more than 500 subscriber-only articles every month
ST One Digital
$9.90/month
No contract
ST app access on 1 mobile device
Unlock these benefits
All subscriber-only content on ST app and straitstimes.com
Easy access any time via ST app on 1 mobile device
E-paper with 2-week archive so you won't miss out on content that matters to you