pls advice.

51% to be eligibile bumiputera

less than that or zero if you don't intend to get bumiputera status

51%

o%, ambik je bumi sarawak

so means a company must have 51% bumiputera even if its a sdn bhd??

Whats bumiputera status for?

None. Unless you are bidding for some government contracts, then you need the major shareholders to be bumi to stand a better chance.

Only listed Co. needs 30% bumi shares when listing or issuance of new shares. After listing or issuance of news shares, bumi shareholdings can drop below 30%.

if u don't require bumi status, then no need loh

sometimes it is a pre-bidding requisite to be bumi before you can even obtain bidding forms

no need bumi share in normal sdn. bhd. la...

it can be 100% foreigner owned if it's an unlisted (not selling shares at bursa etc) company...

better 100%

better chance to get govt. contract.

but basically all you need to do to get govt. contract despite being a non-bumi company is to simply be a partner/sub-con to the winning bidder...

This Bumi thing still appiles ah?

I thought you can just "suap" for contract.

Knowing now "suapan" is not bribery.

Bumi Sabah better, marry awek sumandak and your children entitled to tongkat.

This post has been edited by Human10: Aug 7 2015, 12:41 PM

derma .....derma

Still applies but abused by a lot of people. Just partner with a Malay loh. Alibaba style still going strong today.

sdn. bhd. need meh?

Bumi ini milik siapa

Milik Bangla ...

Your money is mine

Many Malay goes into business
Now rental is very gooding
Because many venture into business