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 Freight forwarders call for clarity on 51% Bumi, Bumi equity 0% -> 30% -> 51%

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machonacho
post Sep 23 2021, 10:46 AM

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QUOTE(Azran1979 @ Sep 23 2021, 10:28 AM)
freight forwarding is a business monopolied by non malays. whats wrong to encourage malays into the business? it is a very large barrier business. please understand what it mean.
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holy shit i never thought i would actually see people like u on lowyat, always thought lowyat ultra cina but wow

freight forwarding is NOT a business monopolized by non-malays, a 30% quota for bumi stake is already in place before this 51% stipulation, and above all that it's a free market which means all races already have an equal start, then ontop of that now with the 51% stipulation it NOT encouraing malays into the business, it's CATAPULTING !!!! ONLY HELANG !!! malays into industry, your average joe malay won't ever see the benefits have having this stipulation passed

 

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