Source-linked briefing Politics

PAS Seeks Clarification on 50% Bumi Rule in GLC/GLIC Disposals

PAS Seeks Clarification on 50% Bumi Rule in GLC/GLIC Disposals

PAS called for clarity on the economy ministry’s new requirement for 50% Bumiputera ownership in transactions involving GLCs and GLICs above RM20 million. The party wants details on scope and implementation of the policy.

Original headline

PAS seeks clarity on Bumi equity rule for GLC, GLIC transactions