News Formal

MOU vs. Approved Investment: Minister Clarifies the Difference

  • 📰 therakyatpost
  • ⏱ Reading Time:
  • 37 sec. here
  • 7 min. at publisher
  • 📊 Quality Score:
  • News: 35%
  • Publisher: 59%

Business ニュース

MOU,Investment,MIDA

Minister of Investment, Trade and Industry Tengku Datuk Seri Zafrul Tengku Abdul Aziz explains the distinction between Memorandum of Understanding (MOU) and approved investment in a recent Instagram video.

In an Instagram video, Minister of Investment, Trade and Industry Tengku Datuk Seri Zafrul Tengku Abdul Aziz clarified the difference between Memorandum of Understanding (MOU) and approved investment. He questioned viewers about the meaning of approved investment, but all responses were incorrect, including describing it as a company's desire to invest.

This definition, however, accurately describes an MOU, which is a non-binding agreement between two or more parties to undertake a collaboration. Tengku Zafrul explained that approved investment refers to when the Malaysian Investment Development Authority (MIDA) approves a company's application to invest in Malaysia. He emphasized that a signed MOU cannot be considered an approved investment. He further elaborated that companies seeking to operate businesses in Malaysia must apply for a manufacturing license under the Industrial Coordination Act 1975. Companies wishing to apply for a manufacturing license must either have a shareholder fund of at least RM2.5 million or employ 75 or more full-time employees

このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 14. in JP
 

コメントありがとうございます。コメントは審査後に公開されます。

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

Minister Explains Investment Approval Process in Quirky X VideoMalaysia's Minister of Investment, Trade and Industry Tengku Datuk Seri Zafrul Tengku Abdul Aziz used a humorous video on X (formerly Twitter) to clarify the requirements for investment approval by the Malaysian Investment Development Authority (MIDA). He emphasized key points like the distinction between MOUs and formal approvals, the necessity of shareholder funds or full-time employees for certain applications, and the importance of using locally-sourced materials and creating high-income jobs.
ソース: therakyatpost - 🏆 14. / 59 続きを読む »

Malaysia's Prime Minister Defends Kedah's Investment ClimatePrime Minister Anwar Ibrahim denied claims that there was a 'plot' to hinder private investments in Kedah, emphasizing the government's support for foreign investments, specifically mentioning Hyundai's planned investment in Kulim.
ソース: staronline - 🏆 4. / 75 続きを読む »