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Category FAQs Search : Statutory Body Strategic Management Division (SBM)

Question: What are the areas inside the Federal Statutory Bodies’ establishment acts fall within the Minister of Finance’s power?

Answer: Generally, areas related to the Minister of Finance’s power inside Federal Statutory Bodies’ establishment acts are matters related to investment, borrowing and setting up of companies or subsidiaries.

(Source: Official Portal of Ministry of Finance, 05 Feb 2025)

Source Link: https://www.mof.gov.my/portal/pdf/bahagian/sbm/faq-en.pdf