Alexander Nanta Linggi says prime minister’s announcement will mean fewer companies are likely to be wound-up this year.
“With this amendment to increase the threshold to RM50,000, we believe we are helping companies from having to face bankruptcy charges,” he told the media in conjunction with the One-Year Malaysia Prihatin, here, today. At the event, Nanta also launched two plans that will drive the ministry’s direction for the next five years, namely his ministry’s Strategic Plan 2021-2025 and the ICT Strategic Plan 2021-2025, as well as a chatbot application called SARA .