New rulings for KL businesses from Jan 1


(From left) Jaafar and Mohd Sauffi listen as an attendee gives his point of view on a matter.

AT LEAST 50% equity in all businesses in Kuala Lumpur must be owned by Malaysians starting next year, said Kuala Lumpur City Hall (DBKL) executive director (Socio-Economic Development) Datuk Mohd Sauffi Muhamad.

He said businesses that failed to do so will have their business premises licence revoked.

The Star Christmas Special Promo: Save 35% OFF Yearly. T&C applies.

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Metro , Central Region , business , dbkl , licence

Others Also Read