Najib slashes Bumiputera equity quotas, FIC role 
Jul 2 2009, 03:12 AM
QUOTE(pucman @ Jul 2 2009, 02:14 AM)
Does that mean the 12.5% min has to be maintained at all times ?
What if the 12.5% bumi sell off all their shares to non-bumi after IPO ?
they must maintain the 12.5%... so if trading involve with any bumi will subjected with FIC rules...What if the 12.5% bumi sell off all their shares to non-bumi after IPO ?
and with this new FIC rules this wil draw less investor attention bcoz majority investor in stock market are Chinese
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