Malaysia legislation

Section 7

of PUBLIC TRUST CORPORATION ACT 1995

Section 7

(2)

Every such person who opts under subsection (1) to serve as an employee of the Corporation shall be employed by the

Corporation on terms and conditions of service not less favourable than the terms and conditions of service to which he was entitled immediately before the date appointed by the Minister under subsection (1).

Government of Malaysia to hold all shares in the Corporation