Najib slashes Bumiputera equity quotas, FIC role News
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 Jun 30 2009, 06:42 PM
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84 posts Joined: Jan 2006 
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Same sh*t painted in a different color the way I see it.
QUOTE Datuk Seri Najib Razak dropped the 30 per cent Bumiputera equity requirement for Malaysian firms seeking public listing, the cornerstone of the New Economic Policy (NEP), but they will now have to offer 50 per cent of the public shareholding spread to Bumiputera investors. This post has been edited by allinuff: Jun 30 2009, 06:44 PM |
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