KUALA LUMPUR, Oct 17 — DAP’s Lim Guan Eng has again questioned the government’s requirement for local freight forwarding companies to have 51 per cent Bumiputera equity, claiming such policies were contradictory to their promises of being inclusive.
He then said how a reversal of that circular, which he claimed was unlawful, was even affirmed by current Finance Minister Datuk Seri Tengku Zafrul Abdul Aziz in Parliament when the latter said the decision requiring the 51 per cent Bumiputera equity was made recently by the current government. Lim also questioned the reasoning behind the ruling that only applies to local IILS and not foreign players, saying the double standard goes against the government’s repeated claims of inclusivity.
Zafrul had recently announced an extension to an exemption period for freight forwarders to meet the requirement of 51 per cent Bumiputera equity participation until December 2022.
Weh, member kau yg saksi utama kes kau tu jatuh bangunan apa cerita
Is there something t testify here .. missing out
This means FF companies formed after 1990 benefits from racism. Good to know. Now I can avoid using their businesses.
Hahahaha. Your 'Sandiwara' to look better after it Revealed that LGE the Stupidest finance Minister ever. Don't like the Policy. Good cos Monopoly by Certain Groups on this Industry. Furthermore Bumiputera Privelege is Privileged.
What's the point... No point everything want freebies andwithout hardwork.. Now would be ploting for next bussiness what to snatch away