This is good for private Malaysian Chinese firms and general China Chinese firms.

If GLCs led by corrupt, incompetent politicians go down, that means there is plenty of space and opportunity for Malaysia and China Chinese firms to go up.

The only downside is that taxpayers may have to bail out major government GLCs. But *shrug* that's the problem for those who choose to stay on in Malaysia and not work towards moving to better shores.

This move to install Noh Omar as MISC Chairman has my full support. Hopefully MISC goes the way of MAS in the future.