What on earth is he saying? On one hand he removes the 30% institutional bumiputra equity requirement for Malaysian companies seeking public listing but on the other hand he imposes a 50% requirement of public shareholding spread to bumiputra investors. Which is better? Which is worse? What's the implication? Can somebody analyse and tell me please??Tuesday, 30 June 2009
WTF!?
What on earth is he saying? On one hand he removes the 30% institutional bumiputra equity requirement for Malaysian companies seeking public listing but on the other hand he imposes a 50% requirement of public shareholding spread to bumiputra investors. Which is better? Which is worse? What's the implication? Can somebody analyse and tell me please??
I was confused myself when listening to the Buletin Utama.
ReplyDeleteTo make things worse, the newcasters said a totally different thing from the speeched showed.
Its all done with smoke and mirrors.Although,I feel the PM is taking a positive step in the right direction as this requirement in some way makes sure that the wealth is spread equitably to the rakyat.
ReplyDeleteI think the government has moved ahead while the opposition have taken a step back from what I have read.