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> How many % bumi needed in a sdn bhd?, starting a company

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lucifah
post Aug 7 2015, 12:27 PM

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51% to be eligibile bumiputera

less than that or zero if you don't intend to get bumiputera status
lucifah
post Aug 7 2015, 12:31 PM

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QUOTE(Eclipse123 @ Aug 7 2015, 12:29 PM)
so means a company must have 51% bumiputera even if its a sdn bhd??

Whats bumiputera status for?
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if u don't require bumi status, then no need loh
lucifah
post Aug 7 2015, 12:32 PM

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QUOTE(oucheev @ Aug 7 2015, 12:30 PM)
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%.
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sometimes it is a pre-bidding requisite to be bumi before you can even obtain bidding forms
lucifah
post Aug 7 2015, 08:03 PM

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QUOTE(Davez89 @ Aug 7 2015, 03:41 PM)
If serani buka sdn bhd apa maciam?  Bumi ke tarak bumi
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u have to refer to the definition of serani

diff agencies have diff definition

serani is considered bumiputra and eligibile to open ASB account



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