The Nut Graph

Making Sense of Politics & Pop Culture

Foreign Investment Committee

Foreign ownership of stockbroking firms raised to 70%

KUALA LUMPUR, 30 June 2009: Foreign shareholding limits in existing stockbroking companies will be increased to 70% from the current 49% in efforts to further enhance Malaysia’s position as a listing and investment destination, Prime Minister Datuk Seri Najib Razak announced here today. He also announced that with immediate effect, the Foreign Investment Committee (FIC) […]