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How many % bumi needed in a sdn bhd?, starting a company
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oucheev
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Aug 7 2015, 12:30 PM
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QUOTE(Eclipse123 @ Aug 7 2015, 12:26 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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oucheev
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Aug 7 2015, 12:44 PM
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QUOTE(oathless @ Aug 7 2015, 12:38 PM) This Bumi thing still appiles ah? I thought you can just "suap" for contract. Knowing now "suapan" is not bribery. Still applies but abused by a lot of people. Just partner with a Malay loh. Alibaba style still going strong today.
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