Only RM2 Billion left for Bumis

KUALA LUMPUR, June 30 (Bernama) -- The comprehensive deregulation of investment guidelines announced today is a fair policy for all, including foreign investors, Prime Minister Datuk Seri Najib Tun Razak said.
"It is a fair new policy guideline, which is designed to be a win-win situation for global investors and at the same time address the need for new effective instrument for Bumiputera participation," he said.
Hence, there would not be a "political backlash", said Najib, who is also finance minister, when asked if the new guidelines would have a political backlash at a press conference at Invest Malaysia 2009 here today.
"No one must feel marginalised, no ethnic group is marginalised and no ethnic group is disincentified. It is a tricky balancing act but doable," he said.
Among others, he announced that with immediate effect, the Foreign Investment Committee (FIC) guidelines covering the acquisition of equity stakes, mergers and takeovers would be repealed without any new guideline in place.

"The FIC will no longer process any share transactions nor impose equity conditions on them," he said.
Currently, he said, companies seeking listings were required to satisfy the public shareholding spread requirement of 25 percent based on Bursa Malaysia's listing rules and also the Bumiputera equity condition based on FIC guidelines.
Going forward, he said, the public spread requirement would remain and in addition, the Securities Commission would introduce a new guideline which would require companies seeking listing to offer 50 percent of the 25 percent public shareholding spread to Bumiputera investors.

"The Bumiputera equity condition therefore becomes subsumed within the public spread requirement.
"One of the pains of the FIC and the old model is that some people feel disincentivise in this country and it has been a complaint in the past by foreign investors. And now I hope they will talk about we being more friendly. Insya Allah," he said.
Asked if the new measures would eliminate the Ali Babas, he said: "I don't think you can eliminate sleeping partners overnight ... I mean in businesses. But, I think it will reduce very substantially.
"At least, we are helping those who are helping themselves," he said. Najib said in the past, Bumiputeras got the shares and straight away they would sell them.
"At the end of the day the sell-down is enormous. We did our research. Very little shares are still left. So, the old model is not sustainable," he said.

Of the RM54 billion in shares allocated, only RM2 billion worth of shares were left in the hands of Bumiputeras, he said.

He said the total Bumiputera equity was only 19.4 percent, far from the targeted 30 percent 19 years ago.

-- BERNAMA


Reference:  Bernama

Fatwa Infinity Downline dan Login Facebook dapat duit

Bertalu-talu orang bertanya berkenaan skim perniagaan Infinity
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Sebenarnya saya amat skeptic dengan
skim-skim sebegini malah amat muak lagi jemu untuk menelitinya kerana pada
kebiasaannya hasil penelitian akan menunjukkan semua itu adalah sama sahaja cuma
diubah sedikit di sana dan sedikit di sini. Oleh kerana itu, saya tidak dapat
menyembunyikan perasaan bimbang melihat betapa mudahnya umat Islam di Malaysia dikelirukan
dengan skim seperti ini, padahal telah berkali-kali dijelaskan konsep dan asas
untuk menilai halal dan haram dalam skim sebegini.  

Padahal, helah pihak-pihak penganjur skim tersebut amat jelas dan terang. Pun begitu mereka masih mampu
mengelirukan umat Islam kita. Saya berdoa agar kita semua mampu lebih rajin
untuk berfikir  dan lebih cekap dalam memperbezakan
antara skim-skim sampah dan emas permata.

Bagi menunaikan amanah Allah, selaku khalifah Allah di atas muka bumi, untuk menyeru kepada
kebaikan, melarang kemungkaran, saya berusaha untuk mencari celah-celah waktu
yang ada untuk diwaqafkan kepada umat Islam bagi menyediakan jawapan bagi
soalan skim Infinity Downline yang
ditanyakan ini.

Seterusnya...

Suatu hari di puncak SUK Selangor

At the highest point in Shah Alam

7 Steps to Create Wealth From Your Income

Creating wealth in our world can be summarized this way "the road to wealth is daring, challenging and risky and it is bravest at heart among us that can take it." To be wealthy is a choice and we are the ones that determine the direction of our life either to abject poverty or to lasting affluence.

As an income earner though the income might be very meager, but it is better than nothing. We therefore must see that minute income as a seed, hence we ought to be determined to create our wealth from it.

Steps to create wealth from your income

(1) Starting thinking in the direction of creating wealth. When your mind is set on wealth creation, it is possible to lead your life towards that direction, because our mind definitely direct the cause of our life, therefore focusing on wealth creation is the number step toward achieving this goal of living in wealth.

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Pengurusan kredit

Jika anda menghadapi masalah kewangan, terdapat satu agensi pengurusan kredit yang bersedia memberi khidmat nasihat secara percuma dalam pengurusan hutang dan kewangan.

Sila ke http://www.akpk.org.my

Bolasepak Malaysia

Aku masih mengharapkan agar satu hari nanti pasukan Malaysia akan dapat berkasi di pentas akhir Piala Dunia. Entah dapat ke tidak, hanya Allah sahaja yang tahu.

Selagi pengurusan dan pembangunan yang tidak cekap, impian sebegini akan hanya tinggal mimpi semata-mata.

Sukan rakyat

Sukan kebiasannya boleh mengeratkan hubungan sesama insa. Sukan juga boleh menjadikan diri kita cergas dan sihat, Badan yang sihat akan menjadikan minda kita cergas dan dapat berfikir dengan waras.

Namun begitu terdapat juga mereka yang menjadikan sukan sebagai tempat untuk melepaskan kemarahan terhadap orang lain. Dan kerana itu, terdapat mereka yang 'racist' yang seringkali mengganggu pada setiap perlawanan bolasepak, seperti English Premier League dan seumpamanya.

Jadi, berhati-hatilah.

Isu syariah dalam perniagaan MLM

Ini petikan yang diambil dari Ustaz Zaharuddin berkenaan MLM yang menjadi trend orang-orang Melayu Islam yang kononnya mencari rezeki yang halal. Tidak dinafikan ada syarikat-syarikat yang mematuhi hukum syarak. Bagaimanapun, setiap yang mematuhi syarak selalunya kurang mendapat sambutan orang ramai.

Untuk baca seterusnya sila ke website Ustaz Zaharuddin.