Govt reverses 50pct bumi equity rule for companies that want to buy GLC property
Reported by two or more established outlets, or an official source.
What happened
30pct threshold restored after a review that included consultation with stakeholders - Akmal. (Malaysiakini (EN), 10:08)
The reporting
5 reports- Bernama·News·EN·21 Oct, 00:08 MYT
Business : Minimum 30 Per Cent Bumiputera Equity Requirement Retained – Economy Ministry
KUALA LUMPUR, Oct 20 (Bernama) -- The minimum 30 per cent Bumiputera equity requirement remains in place in line with the Property Acquisition Guidelines (GPPH), which took effect on July 13, 2022, and is subject to approval by the Economy Ministry.
Read at Bernama 
Photo: Astro Awani (BM) Astro Awani (BM)·News·BM·21 Oct, 07:20 MYTSyarat minimum 30 peratus ekuiti Bumiputera diteruskan - Kementerian Ekonomi
Kerajaan sentiasa berusaha memastikan aset strategik negara, khususnya yang dimiliki oleh GLC dan GLIC dapat menyumbang kepada agenda pemerkasaan ekonomi Bumiputera secara lebih berkesan.
Read at Astro Awani (BM)/file/attachments/orphans/akmalnas_731633.png)
Photo: Malaysiakini (EN) Malaysiakini (EN)·News·EN·21 Oct, 10:08 MYTGovt reverses 50pct bumi equity rule for companies that want to buy GLC property
30pct threshold restored after a review that included consultation with stakeholders - Akmal.
Read at Malaysiakini (EN)Photo: 当今大马 Malaysiakini (ZH) 当今大马 Malaysiakini (ZH)·News·中文·21 Oct, 10:26 MYT政府改GLC产业买家土著股权门槛，从50%降回30%
【国会】政府已撤回有意购买官联公司逾2000万令吉产业的公司，均须拥有50%土著股权的政策。
Read at 当今大马 Malaysiakini (ZH)/file/attachments/orphans/65464565_434199.png)
Photo: Malaysiakini (BM) Malaysiakini (BM)·News·BM·21 Oct, 10:33 MYTK'jaan kembalikan syarat ekuiti Bumiputera 30 peratus bagi pembelian hartanah GLC
Sebelum ini kerajaan menetapkan syarat pemilikan 50 peratus bumiputera bagi mana-mana syarikat yang mahu membeli hartanah milik GLC atau GLIC bernilai lebih RM20 juta.…
Read at Malaysiakini (BM)
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- DetectedFirst detected (Malaysiakini (EN)) source
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- Step 1News outletsMalaysiakini (EN)10:08
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- Covered by 1 established outlet(s): Malaysiakini (EN)
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