I would say the statement is right and wrong. It's right if it's referring to those students (especially b*mi) who granted automatically entry into local u, but it maybe wrong for those who really take the STPM qualification to enter the local u and graduate from the professional courses like engineering, doctor, accountant etc.

If you ask any of the employer who had experience in hiring local u (from university like UM, USM, UKM...) vs oversea u graduate on the mentioned professional field, you'll know what I mean.