Rationalisation move will see Mavcom dissolved and technical, economic regulatory power fully consolidated under CAAM, which will also become financially autonomous on same date
These entities are meant to serve the public interest and cannot operate as a profit-centric private enterprise, all collections and excesses should go to the Federal Consolidated Fund
Purchase of Duck's holding company which appears to be owned wholly by Datin Vivy Yusof and husband Datuk Fadzarudin Shah Anuar was made same year GLICs invested RM47 mil