Mana satu benar?

This must have been splashed out across the dailies. Pak Lah was quoted as saying he did not say that there must be a 30% Bumiputera participation. "You decide yourselves" he was quoted as saying.

If you looked through the 9th Msia Plan, Chapter 10, here is an excerpt I lifted

10.17 Equity Ownership and Control. The policy that requires at least 30 percent equity participation of Bumiputera entrepreneurs in privatized projects continued to be rigorously implemented. Based on the overall equity ownership of 35 companies approved to implement privatized projects during the Plan period, Bumiputera had a controlling interest in 24 companies. However, interms of par value of the shares, Bumiputera owned only 17.2 per cent of theequity, as shown in Table 10-4. This was largely due to the higher level of thepaid-up capital held by the Government in some of these companies.

10.29 Privatization will continue to be used as a vehicle to meet the objective of increasing Bumiputera equity ownership in the corporate sector. Towards this end, the requirement to allocate a minimum of 30 per cent of the equity of privatized entities to Bumiputera entrepreneurs will continue to be enforced.In addition to the three-year moratorium on the change in shareholding structureand shareholders, stringent procedures will continue to be adopted in the selectionof Bumiputera entrepreneurs to prevent the dilution of Bumiputera interests inthe privatized companies.

It says above its govt policy lah. So how come the vibes given were different? It says above at least 30% equity participation of Bumiputera. If Pak Lah is genuine, I suggest changes are made to this policy on whatever black and white documents are out there.

Until then, readers you decide.