MCA: 51% bumi equity for freight forwarders against country's goals of creating pro-business environment


PETALING JAYA: The requirement of 51% bumiputra equity in freight forwarding companies is unfair to local businesses and is against the country's goals of creating a pro-business environment, says Datuk Tan Teik Cheng.

The MCA vice-president urged the Finance Ministry to abolish such a requirement.

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