SHAH ALAM : The Selangor government views the transaction of the sale of properties of “Al Marwa Tower Makkah, Saudi Arabia” between state subsidiary Permodalan Negeri Selangor Berhad (PNSB) and an individual very seriously.
Looking at the records, the state has been advised that the transaction may have breached the Exchange Control Regulations and Anti-Money Laundering [...]

SHAH ALAM: The Malaysian Institute of Economic Research recently forecasted that Malaysia is now at the brink of recession. As the main contributor to Malaysia’s economic, Selangor believes that it has to be in the forefront of making efforts to help boost the country’s economy and at the same time cushion the impact of the [...]

SHAH ALAM – The Water Review Panel of the Selangor State Government views with concern the statement by Minister of Energy, Water and Communications Datuk Shaziman Abu Mansor made in an interview yesterday (Berita Harian, 3rd March 2009).
He gave two reasons for wanting to speed up the process of restructuring the water industry in Selangor. [...]

SHAH ALAM – The Pakatan Rakyat Selangor State Government held a “Water Restructuring Briefing” to all the Yang Di-Pertua of local councils and local councilors today.
This briefing was given by members of Selangor’s Water Review Panel and a presentation was given by YB Dr. Dzulkifli Ahmad, Kuala Selangor Member of Parliament. The briefing successfully clarified [...]

SHAH ALAM: In the midst of this economic recession the Selangor State government is carrying out assessments on all its subsidiaries to increase their performance.
In this process, a group of advisors appointed by the Menteri Besar Incorprated (MBI) has found that Permodalan Negeri Selangor Berhad (PNSB)  failed to declare benefits in kind in its previous [...]

SHAH ALAM: Permodalan Negeri Selangor Berhad (PNSB) today met with Inland Revenue Board (IRB) to officially declare its failure to include benefits in kind in the EA forms submitted over the past years.
PNSB gave its commitment to furnish IRB the details of all benefits in kind given to its employees in the past years including [...]

SHAH ALAM – The Selangor Workers Retrenchment Action Committee today was informed by the UPEN and ICT Unit of the Selangor State Government that the JobStreet.Com link could now be accessed at the www.selangor.gov.my website. This website offered assistance to workers who had been retrenched to fill up their resumes and look at available job [...]

Menteri Besar Incorporated (MBI) today has directed Permodalan Negeri Selangor Berhad (PNSB) to submit to the Inland Revenue Board (IRB) a list of all benefits in kind the company has given to its employees in the past years.
This directive was made following the discovery that PNSB has over the years failed to declared benefits in [...]

SHAH ALAM: In order to promote efficiency in the administration and management of the state government’s subsidiaries, the Menteri Besar Incorporated (MBI) has appointed advisors to assist in enhancing the subsidiaries’ performance. One of the areas covered by the advisors is the evaluation of expenses which an important exercise given the current economic downturn.
One of [...]

SHAH ALAM – The Selangor State Pakatan Rakyat Government places great importance on transparency and accountability in its administration as well as the operations of its subsidiary companies.
Recently, the Selangor Dato’ Menteri Besar as the chairman of Selangor Menteri Besar Incorporated had identified several weaknesses and weaknesses and irregularities in the maintenance of Permodalan Negeri [...]