Khairy’s response to ASLI report

He said Umno Youth could simply accept the figure given by the Asian Strategic and Leadership Institute and others, but what would happen if it upped the ante.

“What if I say we accept the 45 per cent figure and having accepted it, we ask for 70 per cent?
“Surely, those who questioned the Economic Planning Unit figure will come up with a methodology to say that the 70 per cent equity had been achieved.”

Source: New Straits Times

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Government releases another equity breakdown, now Bumiputras own 18.9%, not 36%

The Government has reiterated that bumiputra equity ownership in the corporate sector was 18.9% at the end of 2004 as mentioned in the 9th Malaysia Plan.

This is based on data produced by the technical committee of the Economic Planning Unit (EPU), Minister in the Prime Minister’s Department Datuk Seri Effendi Norwawi said yesterday.

Source: The Star

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Previously, government said Bumiputras own 36% of listed companies, not 45%