Investor confidence not affected by Govt decision on Lynas Malaysia, says Minister

By RAHIMY RAHIMY

KUALA LUMPUR: The license renewal conditions imposed on Lynas Malaysia will in no way dampen the confidence of foreign investors, says Science, Technology and Innovation Minister Chang Lih Kang.

He said the government had never shut down Lynas' operations but only rejected its application to remove the licence renewal conditions set in 2020.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
 Parliament , Lynas Malaysia , foreign investors , confidence , Chang Lih Kang.

Next In Nation
Six including company owner remanded four days in graft probe
MIC hasn't left BN, says Zambry
MACC focusing on governance weaknesses in e-waste management
X tightens controls on Grok, disables generation of explicit content, says Fahmi
Court issues seizure order against Caprice over unpaid costs
Cops identify two suspects in FAM document forgery scandal
Mindef reaffirms commitment to transparency and accountability
Appeals court rules govt not liable in detainee's suicide death
Govt to hold talks with Dong Zong soon over UEC candidates taking BM, History SPM papers
MACC only froze 10 bank accounts, day-to-day ops not affected, says IJM

Trending in News

Others Also Read

Load more

Copyright © 1995- Star Media Group Berhad [197101000523 (10894-D)]

Best viewed on Chrome browsers.