Govt should not apply 51pc Bumi equity for freight forwarders retrospectively, says Guan Eng | Malay Mail

KUALA LUMPUR, Sept 23 ― DAP’s Lim Guan Eng today said that the 51 per cent Bumiputera equity requirement for freight forwarding companies cannot be applied retrospectively.

“It is unfair to those who have built and invested in the companies based on existing conditions only for them to be abruptly changed without due recourse. He also said the proposal was unconstitutional and unfair for the freight forwarding companies whose owners had suffered losses from the proposed ownership rule.

Stop artificially celebrating Malaysia Day when actions contradict it.

When in power, nothing was done bcoz y’all more bz championing AI instead of taking care of the rakyat & issues like this.Coming up with stupid policies like black school shoes ,flying cars ,no smoking ect.Learn from this &prioritise important issues first if ever y’all get a

Dimintanya diri dipapah, Sedangkan dah diberinya tongkat; Enam dekad berlalu sudah, Sifat pergantungan terpahat jadi adat!

Everything want free with no hardwork involved ..it should be 51%malaysian owned that's the way

How can apply a law retrospectively? Nonsense and stupid policy in the making.

Ruben_E_G Might as well tell all non-bumi to just leave or don't own a business. Simple.

1976-no bumi equity. 1976-1990-30% bumi equity. 1990 onwards-51% bumi equity. NEP(1971-2021) 50yrs. Umnoputras want to taketake n hve picked up NO SKILLS. Time to end a failed system tht has X empowered the Malays but crippled them n enslaved them 2 UMNOputera rentier economics.

wah ... this NAJIB, luckily brought him down

PH in power , why this issue didn't eliminate it?

What is the basis of this 51%?

This already enforced over 30 years ago and what is so surprising?

This half-baked decision by Sabri's administration is enough ground for the MOU to be rescinded.

Race based politics

Backward culture...

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