Stake in the cake: Malaysian government split over foreign-investment rules
Article Abstract:
There is a growing sentiment that the Malaysian government is divided on current foreign investments policies. More stringent regulations are being considered in proposed guidelines released by the government's Foreign Investment Committee. Proposals include limiting to 30% foreign investment in firms intending to be listed in the Kuala Lumpur Stock Exchange and a 30% foreign investment cap on real estate joint ventures. Conservatives in the government want investment regulations that favor bumiputras or native Malays.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1992
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Hardening attitudes
Article Abstract:
Cement Industries of Malaysia Bhd has become anathema to investors since it announced its purchase of a 20.7% stake in financially troubled Faber group. The cement firm used to be a haven for overseas investors but its stock purchases in the bankrupt hotel and real estate developer company, which is being financed from the receipts of a rights issue in 1991, has angered investors.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1992
User Contributions:
Comment about this article or add new information about this topic:
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