PETALING JAYA: Any move by the Pakatan Harapan government to reinstate the 30% bumiputra shareholding quota in listed companies will cause further drops in the local share market, says Datuk Seri Dr Wee Ka Siong.
The MCA president said that such policies, if introduced, could accelerate outflows from foreign investors because new stock market listings in the country are at an all time low.
Already a subscriber? Log in.
Celebrate Merdeka with 50% Off!
T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
