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MoF extends deadline on bumiputera equity requirement

Summary by Ground News
The exemption period for freight forwarders to meet the requirement of 51 per cent Bumiputera equity participation until December 2022. Finance Minister Datuk Seri Tengku Zafrul Abdul Aziz said this was to allow a study to be carried out. He explained that the findings of the study would be tabled to the Cabinet to ensure the industry’s continued growth.

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The Vibes broke the news in on Tuesday, September 28, 2021.
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