Kedah Bersatu: DAP's take on freight forwarder bumi equity must be opposed

Kedah Bersatu: DAP's take on freight forwarder bumi equity must be opposed - Hello loyal readers FeedGoogle, In the article you are reading this time with the title Kedah Bersatu: DAP's take on freight forwarder bumi equity must be opposed, We have prepared this article well for you to read and take information in it. hopefully the contents of the post Article Malaysians, what we write you can understand. Alright, happy reading.

Kedah Bersatu has urged the public to oppose the DAP because it was against a temporarily shelved rule to compel freight forwarders with an International Integrated Logistic Services (IILS) licence to seek bumiputera shareholders.In a statement today, Kedah Bersatu information chief Khairul Anuar Ramli said DAP was blocking the “bumiputera agenda” and thus must be opposed.“As a country with the bumiputera as its core, we are compelled to work towards increasing the equity ownership of the bumiputera.“But DAP has never been comfortable with this agenda,” he said.Freight forwarders with a custom licence registered before 1976 are exempted from any bumiputera equity requirement while those registered later have a 30 percent requirement. Companies registered after 1990 have a 51 percent requirement.Those with International Integrated Logistic Services (IILS) customs licences, howe…