Privatisation of TNB
INSTITUT PENGURUSAN DINAMIK SARAWAK,
WISMA MORNIE, NO.1, JALAN HAJI TAHA,
93400 KUCHING, SARAWAK.
ASSIGNMENT COVER SHEET
Please attach a Cover Sheet to the front of each piece of work submitted. Please check that you have
Filled in all details correctly, and signed the declaration at the bottom of the page, before giving your assignment to the respective lecturer.
Be sure to keep a copy of all your work.
NAME : LAU KOH SIN ( SW1306FD3452 ) SEMESTER : 3
Student Details
UGUB3013 /Student Details
Course Code / Title : BAGF0014/ FUNDAMENTALS OF ORGANIZATION AND
Assignment Title : WRITTEN REPORT ASSIGNMENT
Lecturer : MS. NORMAH BUJANG
Lecturer :
I hereby declare that this assignment is my own work, and does not involve plagiarism or collusion.
Student Signature: LAU KOH SIN Date: 18 FEBRUARY 2014
1.0 Introduction
1.1 Privatization in Malaysia
In Malaysia, privatization is generally defined as the transfer of ownership from public to private sector. It could also refer as changing status of a business, service or industry from state, government or public to private ownership or control. Occasionally, the term privatization is to include the use of private contractors to provide services previously rendered by the public sector. Full privatization is not the norm in Malaysia; hence most privatization involves transferring only some of the government ownership.
In summary, privatization is a policy of transferring government ownership to private ownership through various methods. In this definition, privatization includes the transformation of government-controlled business into privately owned enterprises. It is also includes the transfers of a full or partial government ownership to private ownership through the sale of equity in the capital market. Privatization in state-owned
WISMA MORNIE, NO.1, JALAN HAJI TAHA,
93400 KUCHING, SARAWAK.
ASSIGNMENT COVER SHEET
Please attach a Cover Sheet to the front of each piece of work submitted. Please check that you have
Filled in all details correctly, and signed the declaration at the bottom of the page, before giving your assignment to the respective lecturer.
Be sure to keep a copy of all your work.
NAME : LAU KOH SIN ( SW1306FD3452 ) SEMESTER : 3
Student Details
UGUB3013 /Student Details
Course Code / Title : BAGF0014/ FUNDAMENTALS OF ORGANIZATION AND
Assignment Title : WRITTEN REPORT ASSIGNMENT
Lecturer : MS. NORMAH BUJANG
Lecturer :
I hereby declare that this assignment is my own work, and does not involve plagiarism or collusion.
Student Signature: LAU KOH SIN Date: 18 FEBRUARY 2014
1.0 Introduction
1.1 Privatization in Malaysia
In Malaysia, privatization is generally defined as the transfer of ownership from public to private sector. It could also refer as changing status of a business, service or industry from state, government or public to private ownership or control. Occasionally, the term privatization is to include the use of private contractors to provide services previously rendered by the public sector. Full privatization is not the norm in Malaysia; hence most privatization involves transferring only some of the government ownership.
In summary, privatization is a policy of transferring government ownership to private ownership through various methods. In this definition, privatization includes the transformation of government-controlled business into privately owned enterprises. It is also includes the transfers of a full or partial government ownership to private ownership through the sale of equity in the capital market. Privatization in state-owned