22-04-2025
Seven Pahang GLCs Report Profits In 2023
Meanwhile, Amanah Saham Pahang Bhd recorded a loss of RM20.5 million, mainly due to a RM13.6 million loss at its key subsidiary Mentiga Corporation Bhd, said Wan Rosdy.
KUANTAN, April 22 (Bernama) -- Seven Pahang government-linked companies (GLCs) recorded profits in 2023 based on audited financial statements, Pahang Menteri Besar Datuk Seri Wan Rosdy Wan Ismail told the state legislative assembly today.
'Pengurusan Pasir Pahang Bhd also posted a loss of RM2.3 million, following the suspension of export licences (AP) by the Ministry of Natural Resources and Environmental Sustainability, which restricted its operations and sales.
'The state government and Pengurusan Pasir Pahang Bhd are appealing to the federal government to lift the freeze to allow the company to resume operations,' he said at the Pahang State Legislative Assembly sitting at Wisma Sri Pahang.
He was responding to a question from Datuk Seri Tuan Ibrahim Tuan Man (PN-Cheka), who asked how many GLCs were profitable and how many were facing difficulties.
