"Are you ready to ride on a motorcycle to Singapore?" called out Asmadi Abdul Aziz or Adi, as he preferred to be called, as I fumbled with my helmet strap.
1Malaysia Development Bhd (1MDB) is a case in point. Is it a sovereign wealth fund as at times it was touted to be? Or a strategic development company as some of 1MDB literature makes it out to be? You get different answers from different people. Such divergent views are a sign of a company in distress. But in good times, corporate watchers often miss such signals.
KUALA LUMPUR: The string of new leadership appointments in government-linked companies (GLCs) since last year, which will continue to set the tone for this year, has placed some of these firms in better light, said experts.