links, me low IQ bai, if not i would have AP in hand.
Alexz,
unfortunately, BN is lead by 3 biggest party in malaysia which are race basic. Each of them want to fight for their race, that's why we such a situation. No body wan 31 May, 1969 incident repeated in Malaysia. This is an AP thread, so we shall only discuss about AP, not racist. I would like to discuss about NEP here, but I know this is not the place.
ok, to all,
Now the problem is, if AP is to help Bumi, what shall we do to make more BUMI benefits from this system in stead of 4 Kings that occupied 42% of the AP?
Limit the No. AP can be apply per company? Nah, it won't work, they will keep on register new company under different to get more AP. Anyone have any good idea?
Why 3 out of 4 AP kings is ex goverment servant? Shall BPR involves and check how they get those AP? I have no problem if they get the AP through legal procedure.
Someone did misused the AP system, trying to use the same AP for multiple cars, pay 50% tax up front to the kastam and start selling the car, register the new car in foreign country and import the new car as "recon" unit to get lower tax rate.
IMHO, those fella or company who did those actions above shall be sake, bring them to court and band them for involving in AP related business for 10 years. Goverment give you the oppotunity to help you to build your business and career, use it wisely and legally, if you abuse it, you shall give the oppotunities to other BUMI.
I do like to see BUMI grow and I'm happy to see NAZA achievement, but, a big but, the entire NAZA empire built based on AP, and AP is one of the product of NEP, and NEP shall not last forever in Malaysia. What will happen to NAZA if AP system need to be cancel? Ya, some of you may says that, "That's why NAZA start assembly Naza Kia car" Bear in mind that that's a illegal move, according to Tun Mahathir, Naza only own 18% of the company and it was given a National car company status (to get more discount on taxation).
You see, I don't mind AP system to help, but once NEP hit the initial target (30%), AP and NEP shall be removed. Each and every Malaysian shall have a fair platform to compete each other. And those company (who grow up under the benefit of AP or NEP) shall think of the way how to survive (without the AP system) from day1 they get AP, not wait until last minute and tell others, how many people will lost their job if AP or NEP is removed, they are still not yet competative yet, give them more time and all kind of bullshit.
