{"id":1337,"date":"2007-08-14T11:58:56","date_gmt":"2007-08-14T03:58:56","guid":{"rendered":"http:\/\/maddruid.com\/?p=1337"},"modified":"2009-04-25T16:31:05","modified_gmt":"2009-04-25T08:31:05","slug":"1332-of-is-this-privatization-or-nationalization","status":"publish","type":"post","link":"https:\/\/maddruid.com\/?p=1337","title":{"rendered":"[1332] Of is this privatization or nationalization?"},"content":{"rendered":"<p>With the proliferation of government intervention in the market nowadays, the terms privatization and nationalization can be confusing. For instance, PNB which has expressed its interest to take MIDF private:<\/p>\n<blockquote><p>PETALING JAYA: Pemodalan Nasional Bhd (PNB) has proposed to take private Malaysian Industrial Development Finance Bhd (MIDF) by buying the remaining 79.98% shares it does not own for RM1.90 each. [<a href=\"http:\/\/biz.thestar.com.my\/news\/story.asp?file=\/2007\/8\/14\/business\/18584548&amp;sec=business\" target=\"_blank\"><em>PNB offers RM1.90 to take MIDF private<\/em><\/a>. The Star. August 14 2007]<\/p><\/blockquote>\n<p>Take private?<\/p>\n<p>PNB is no private equity entity. Instead, PNB is an investment firm ultimately wholly-owned by the government of Malaysia through Yayasan Pelaburan Bumiputra. Wouldn&#8217;t that mean this exercise would actually nationalize MIDF?<\/p>\n","protected":false},"excerpt":{"rendered":"<p>With the proliferation of government intervention in the market nowadays, the terms privatization and nationalization can be confusing. For instance, PNB which has expressed its interest to take MIDF private: PETALING JAYA: Pemodalan Nasional Bhd (PNB) has proposed to take private Malaysian Industrial Development Finance Bhd (MIDF) by buying the remaining 79.98% shares it does [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[570,571,569,572],"class_list":["post-1337","post","type-post","status-publish","format-standard","hentry","category-economics","tag-nationalization","tag-pnb","tag-privatization","tag-sovereign-wealth-funds"],"_links":{"self":[{"href":"https:\/\/maddruid.com\/index.php?rest_route=\/wp\/v2\/posts\/1337","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/maddruid.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/maddruid.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/maddruid.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/maddruid.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1337"}],"version-history":[{"count":2,"href":"https:\/\/maddruid.com\/index.php?rest_route=\/wp\/v2\/posts\/1337\/revisions"}],"predecessor-version":[{"id":3788,"href":"https:\/\/maddruid.com\/index.php?rest_route=\/wp\/v2\/posts\/1337\/revisions\/3788"}],"wp:attachment":[{"href":"https:\/\/maddruid.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1337"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/maddruid.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1337"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/maddruid.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1337"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}