Federal Territories Minister Annuar Musa says Malaysians seeing foreigners owning a business licence would be disheartening, one of the reasons why foreign ownership is illegal. – The Malaysian Insight pic by Nazir Sufari, December 20, 2020.
ACTION will be taken against Malaysians who sublet their business licences to foreigners, said Federal Territories Minister Annuar Musa. According to Annuar, the rules were clear that people doing so will be blacklisted and their licence revoked. Effective July 2018, access to full reports will only be available with a subscription. Sign-up now and enjoy one week free access!
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