Like SP Setia last time. The boss got fed up and form Ecoworld to compete with them.

Alhamdulillah semua rakyat melayu makin kaya
Eh

To be fair, SP Setia was bought over at a premium price based on share price then.

I'm not sure being forced is the right word.

I think it's a win-win scenario.

Kakaka. Ali Baba mentality.

Supposed to have bumi equity but most don't have the capital to get equity. In the end sign side agreement, give RM2k to put name but no claim on profits.

Also, the same thing with government supply contracts.

This breeds laziness. I have come across so many cases where some "Datuks" want to invest in my business but have no intention to put up capital, have no business prowess and want to get 51%. LOL.

Racist policy. Majulah Malaysia. hahaha. This is the Malay drama mentality. "Datuk" of big company, help janda and take on 4 wives.

I don't understand what's wrong with instead of forcing to have bumi ownership, make a regulation to have minimum local employment. A rising tide lifts all boats. But then again, it's Malaysia, so there's that.

Also, they are wondering why Malaysian companies cannot compete internationally. Hahaha. So many times already, chamber of commerce and business groups shout and lobby, stability, stability, stability in policies.

reading this thread you can see who the racist one.

simply assume malays lazy, incompetent etc.

just because they are asking higher share, you assume they want freebies and tongkat.

in fact many malays are hardworking people. but barrier to entry into this business is too high. anyone in business world understand what barrier means. same like glass ceiling issue, just here u play race.

Very typical zero sum mentality where in order to get something you need to take it from others rather than build something for yourself. With all the help from the government and the various schemes available, if you still can't make it then you don't belong in the industry.

Kitos plotek helang...

Helang behind laughing got kitos support them .. make the helang... the helang family... the helang cronies... and also their friends super rich...

while the only thing kitos got is pride...

Apparently.... kitos pride is worth the country's economy going to shit... our currency going to shit... our salary and wages going to shit... while everything else become expensive as shit...

don't care if we are the next Venezuela ...janji kitos pride...