NEP destroyed the country

Dengki kejayaan bukan bumi.

Beside the occasional RnR card that politicians like to play, this is another reason why Malaysia will forever be a 3rd world country.

Also similar for hypermarket but no requirement for smaller superstores.





Incorporation, Capital and Equity Structure Conditions

Any foreign involvement in a hypermarket is recommended to be in compliance
with the following conditions:


Equity Structure
Hypermarket operators must provide at least 30 percent Bumiputera
or Malay ownership in the company’s equity structure. However, a
grace period of three (3) years for compliance may be granted by the
Distributive Trade Committee of MDTCA upon the approval of the
applications made by the operators. This requirement also applies to

13

operations established prior to the coming into effect of these
Guidelines. Henceforth, hypermarket operators are not allowed to
open additional branches unless it has fulfilled the requirement of 30
percent Bumiputera or Malay ownership in the company’s equity
structure.
https://www.kpdnhep.gov.my/images/FINAL_GP_2020.pdf

This post has been edited by Phoenix_KL: Sep 23 2021, 07:14 AM

They really think forwarding company untung banyak? Super low margin.
Malaysia oh Malaysia, until 2021 (pass the deadline of 2020 to become Developed nation) still want more tongkat....
Hahaha

it will be a bumi 3rd world country

only one in the world

should be proud

dont dengki kejayaan bumi

they were here first

Anything new?

This

Apa lagi helang mau? They already controlled 100% of the industries, and still consider themselves poor?

Does it count if you're bumi but non Malay? 🤔

Can we have top Bumi company to give 51% of their profit to Bumi employee?

That’s only fair right ?

Why only the boss and management keep all profit themselves

Reading this makes my blood boil

Yes .. BUMI = "son of the land" or "son of the soil"

Topkek, usual suspects on mandarin requirements are missing

U call Najib good guy when he talk cock sing song. But didn't make any change whatsoever?

and people wonder why thailand look so attractive to FDI than malaysia

ok ok. i start company now.

Give them not say they will work for it... Just want easy money

Yes, you are right. The word Malaysian is just a slogan.

As long as we are non-Malay then forever is pendatang right.

Earth prince deserve all those tongkat, it's thier rights correct?

Edit: in before jangan persoal hak kami

This post has been edited by thunderloh: Sep 23 2021, 07:54 AM

Vroom vroom. Early morning start engine