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 The elusive 30% Bumi equity is a statistical, charade

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MeToo
post Sep 30 2021, 02:10 PM

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QUOTE(trojandude @ Sep 30 2021, 02:01 PM)
I think the gap between "rich and poor" among Malays is being overblown. If anything, it's the Chinese that is having "rich and poor" gap.

Here's a table. Notice that Chinese is top heavy. Also not that the total income share is proportional to the ratio of ethnicities in Malaysia. Where's the illusion that Chinese control wealth?

» Click to show Spoiler - click again to hide... «

Median income among all races. Do you see significant difference between a T20 Malay and a T20 Chinese? No. Same applies M40 and B40. The only reason Malays are SLIGHTLY lower is simply because they're lesser in urban areas.

» Click to show Spoiler - click again to hide... «


So why do people keep saying Malays are poor? By median income they're not. By equity ownership they're not. Almost every one of the largest X thing in Malaysia is held by either Government or Trust by Malays. As an example, the largest property developer, SP Setia, is owned by PNB which is for Bumis.

The only thing you could point out is most people in poverty are Bumis. Well no shit, 2/3 of the country are Bumis.
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Diam la.. who cares about your data and facts. Who cares that everywhere in the world laws are to protect the minority while only in Malaysia the law protects the majority. Who cares!?

We have the power, hence whatever law we pass its up to us, you take suka you boleh keluar.

 

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