Both men have amassed stakes of just under 30 percent in the government-linked company.

Singapore's economy is dominated by state-owned enterprises and government-linked companies through Temasek Holdings, which generate 60% of Singapore's GDP.

While government-linked companies generate a majority of Singapore's GDP, moderate state planning in the economy has been reduced in recent decades.

It has been argued that Singapore's economic model is a form of state capitalism, where the state owns controlling shares in government-linked companies and directs investment through sovereign wealth funds.

Her work faced significant opposition from industry, with Jamalco threatening to cut off the water supplies of study participants, while other government-linked companies refused to disclose their monitoring data to her.

Chua is an accountant and was chief financial officer of a government-linked company.

It also included government-linked companies (GLCs) as Bumiputra-owned companies.

In Singapore, a majority of the GDP is still generated from the state sector comprising government-linked companies.

He played a major role in government-linked companies (GLCs) like United Engineers Malaysia Berhad and Malaysia Airlines.

These government-linked companies are owned by a government holding agency, Temasek Holdings.