Government-linked company
- Government-linked company
A Government Linked Company (GLC) is a corporate entity that may private or public (listed on a stock exchange) where an existing government owns a stake using a holding company. There are two main definitions of GLCs are dependent on the proportion of the corporate entity a government owns.
One definition purports that a company is classified as a GLC if a government owns an effective controlling interest (>50%), while the second definition suggests that any corporate entity that has a government as a shareholder is a GLC.
Examples of holding companies
* Dubai Holding
* Future Fund (Australia)
* Government of Singapore Investment Corporation (GIC)
* Korean Investment Corporation
* Khazanah Nasional - Proton (company), Telekom Malaysia, Malaysia Airlines, Tenaga Nasional
* TeliaSonera
* Temasek Holdings
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2010.
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