Global·NewlyNewsMY

Pas seeks govt clarification on Bumiputera ownership rule for GLCs, GLICs

MY · · New Straits Times

KUALA LUMPUR: The government must clarify the requirement for 50 per cent Bumiputera ownership in property transactions valued at RM20 million and above, particularly those involving assets owned by government-linked companies (GLCs) and government-linked investment companies (GLICs), said Pas.