Govt Considers Amending Law To Reveal Ultimate Holders Of Nominee Shares


 


PARLIAMENT | The government is considering amending the law to require nominee shareholders to reveal their “ultimate shareholder”, Minister in the Prime Minister’s Department in charge of Economic Affairs Mustapa Mohamed said.
This is so that the government can know who actually holds nominee shares, which makes up 12 percent of all corporate equity shares currently, he said.
“The government is thinking of amending the Companies Act and the MACC Act to ensure that shareholders are required to declare the ultimate shareholder so that the government knows who are actually holding these nominee shares.
“Right now, nominee shares are quite high at 12 percent,” Mustapa said during his winding-up speech for Budget 2022 in the Dewan Rakyat today.
One of the reasons for small bumiputera equity percentage

Nominee shareholders refer to a company member holding shares on behalf of the actual owner.
He said the rather high figure of nominee shares is one of the reasons for the small percentage of bumiputera equity, which stands at 17.2 percent right now.
The other reason, he said, is due to the sale of bumiputera assets to non-bumiputeras.

Opposition Leader Anwar Ibrahim
Previously, in his debate on Budget 2022 in the Dewan Rakyat, Opposition Leader Anwar Ibrahim (Harapan-Port Dickson) said nominee shareholding had been abused by the politically connected to surreptitiously own shares.
“Nominee (shareholding) is how big and very rich political leaders shield their names by appointing nominees.
“Is it proper to allow those with interest or decision-makers in the government, GLCs or GLICs to appoint a nominee so that their names and family members’ names do not appear? This needs further clarification,” Anwar said.
Under the 12th Malaysian Plan, Prime Minister Ismail Sabri Yaakob had announced a new safety net framework to ensure bumiputera shares or companies could only be sold to bumiputera equities.
Mustapa had clarified since then that this proposal only applies to a limited number of bumiputera mandated agencies such as Lembaga Tabung Haji, Majlis Amanah Rakyat (Mara) and Permodalan Nasional Berhad, among others. - Mkini


Artikel ini hanyalah simpanan cache dari url asal penulis yang berkebarangkalian sudah terlalu lama atau sudah dibuang :

http://malaysiansmustknowthetruth.blogspot.com/2021/11/govt-considers-amending-law-to-reveal.html

Kempen Promosi dan Iklan
Kami memerlukan jasa baik anda untuk menyokong kempen pengiklanan dalam website kami. Serba sedikit anda telah membantu kami untuk mengekalkan servis percuma aggregating ini kepada semua.

Anda juga boleh memberikan sumbangan anda kepada kami dengan menghubungi kami di sini
After Brutal Death At Rehab Centre Group Reminds Govt Of Law Reform Urgency

After Brutal Death At Rehab Centre Group Reminds Govt Of Law Reform Urgency

papar berkaitan - pada 7/11/2021 - jumlah : 248 hits
The Malaysian Awareness Society has expressed sadness over the violent death at a rehabilitation centre and called on the government to reform its laws before more lives are lost to the system Its vice president Harish Kumar said it is sad ...
New Law On Online Gambling Needs To Be Formulated Zahidi

New Law On Online Gambling Needs To Be Formulated Zahidi

papar berkaitan - pada 16/11/2021 - jumlah : 237 hits
A new law on online gambling needs to be formulated to enable the activity to be monitored and curbed more effectively the Dewan Rakyat was told today Deputy Communications and Multimedia Minister Zahidi Zainul Abidin said the absence of su...
Anti Hop Law Proposal Must Consider Constitution Sabah Speaker

Anti Hop Law Proposal Must Consider Constitution Sabah Speaker

papar berkaitan - pada 17/11/2021 - jumlah : 192 hits
Datuk Kadzim M Yahya KOTA KINABALU The proposal to table the anti hop law must consider Article 10 of the Federal Constitution before it could be made effective Sabah Legislative Assembly Speaker Datuk Kadzim M Yahya opined that it should b...
Malaysian On Death Row Accorded Full Due Process Under The Law Say Singapore Pm And Foreign Minister

Malaysian On Death Row Accorded Full Due Process Under The Law Say Singapore Pm And Foreign Minister

papar berkaitan - pada 12/11/2021 - jumlah : 212 hits
Lee Hsien Loong SINGAPORE Singapore Prime Minister Lee Hsien Loong and Minister for Foreign Affairs Vivian Balakrishnan have replied to their Malaysian counterparts to convey that the Malaysian awaiting execution for a drug offence in the r...
Law Kana Bainana

Law Kana Bainana

papar berkaitan - pada 12/11/2021 - jumlah : 146 hits
Wahai tiang tempat bersandarnya orang yang bersandar Tempat berlindung orang yang berlindung kepadanya Tempat meminta tolong orang yang kesusahan Dan penyelamat orang yang memohon penjagaan Wahai makhluk pilihan Allah bagi makhlukNya Maka A...
Law Kana Bai Nan Na Andai Rasulullah Saw Yang Kita Cintai

Law Kana Bai Nan Na Andai Rasulullah Saw Yang Kita Cintai

papar berkaitan - pada 11/11/2021 - jumlah : 166 hits
This is a content summary only Visit my website for full links other content and more
Terukir Di Bintang

Terukir Di Bintang

papar berkaitan - pada 12/11/2021 - jumlah : 236 hits
Assalam mualaikum warahmatullahi wabarakatuhSemua manusia mengimpikan kejayaan didalam setiap bidang yang diceburi Tidak kira status sebagai apa kejayaan tetap diburu meskipun ia kelihatan kecil dan tidak penting bagi sesetengah pandangan o...
Ec S Instruction On Vote Tally Form Doesn T Comply With Law Says Pkr

Ec S Instruction On Vote Tally Form Doesn T Comply With Law Says Pkr

papar berkaitan - pada 20/11/2021 - jumlah : 313 hits
PKR head of legal affairs for elections G Manivannan says the guidelines given to election officers also don t require validation of Borang 14 with a rubber stamp by the presiding officer AYER MOLEK A PKR leader has expressed concern that t...
Zahid Pledges Anti Hopping Law To Keep State Assembly Intact

Zahid Pledges Anti Hopping Law To Keep State Assembly Intact

papar berkaitan - pada 21/11/2021 - jumlah : 240 hits
BN chairman Ahmad Zahid Hamidi thanked the voters of Melaka for the landslide BN victory AYER KEROH Barisan Nasional will push for an anti party hopping law in Melaka to ensure political stability in the state following its landslide victor...
Makan Steamboat Dapat Henna Free

15 Kafe Di Johor Bahru Instagrammble Muslim Friendly

Sarawak And Malaysia Can T Afford Escalating O G Disputes

Antara Projek Pungguk Rindu Bulan Tilapia M Sia Pro Hamas

Isu Calon Perdana Menteri Kembali Menjadi Tegang Di Kalangan Pemimpin Pn

Isu Papan Tanda Aneh Dan Pelik Menteri Wilayah Masih Diam

Worldcoin Dan Ai

Coffee Is For Closers The Motivational Phrase From Quot Glengarry Glen Ross


echo '';
Memahami Fasa Renjatan Elektrik Yang Selamat dan Berbahaya Untuk Manusia

Info Dan Sinopsis Drama Berepisod Lara Kasih Slot Samarinda TV3

Senarai Lagu Tugasan Konsert Minggu 2 Gegar Vaganza 2024 Musim 11

Keputusan Markah Peserta Konsert Minggu 1 Gegar Vaganza 2024 Musim 11

Senarai Lagu Tugasan Konsert Minggu 1 Gegar Vaganza 2024 Musim 11


E Book Pertama Saya

Resipi Ayam Gepuk

Orbit Labels The Parent S Choice For Safe And Sanitary Feeding

Samun Barang Kemas Dianggar Seberat 4 1 Kilogram Bernilai Rm1 54 Juta Sekumpulan Penjenayah Diburu

Kes Bunuh Pelajar Vokasional Warden Temui Mangsa Tak Sedarkan Diri

Elak Kenyataan Merugikan Kerajaan Perpaduan Pemuda Umno Wp