The Ministry of State Owned Enterprises has issued Regulation No. PER/03/MBU/2012 on Guidelines to Appoint Board of Directors and Board of Commissioners of a State Owned Company Subsidiary (“Regulation”). The Regulation aims to ensure that the appointed Directors and Commissioners are professional, dedicated, and competent to run a State Owned Company Subsidiary.
Appointing Directors and Commissioners of State Owned Enterprise Subsidiaries
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