Deputy minister: Only 40pc of companies are owned by Malays and other Bumiputeras | Malay Mail

08 July 2019

KUALA LUMPUR, July 8 — Forty per cent of almost one million companies registered with the Companies Commission of Malaysia , are owned by Malay and other Bumiputera entrepreneurs. He said among the factors accounting for the situation was over-dependence on government assistance in pursuing entrepreneurial endeavours, instead of relying on their own efforts, skills and initiative.

Seriously?! This is your yardstick? Lesser bumi owned businesses does not mean lesser entrepreneurship

40% of the companies are given to them free

Even if it’s 80%,majority will be owned by a few privileged Malay group.

What if they are not made to be entrepreneurs? what if their personality and character type just does not show they have this? why can't u do something else like teach them to be good workers? why must they be bosses? they will when they know it from bottom up?

and the problem with this is what may I ask? why must everything be owned by Malays?

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