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Tuesday, January 7, 2020

Closing Mara Corp would be a disaster, says MTEM

Ahmad Yazid, chief executive of the Malay Economic Action Council.
PETALING JAYA: The Malay Economic Action Council (MTEM) has urged Putrajaya to give Mara Corporation, the business arm of Majlis Amanah Rakyat, more time to sort out its problems.
Alarmed by reports of possible closure and divestment of assets, MTEM chief executive Ahmad Yazid Othman said such a development would be disastrous for Malay socio-economic development.
He found it “very worrying” that the reports had also said the corporation would be told to focus on education.
Yazid said if Mara were to focus solely on education, it would only serve to churn out “workers” while with Mara Corporation, it could do much more than that.
Yazid said the Majlis Amanah Rakyat Act 1966 empowered Mara to promote and undertake economic and social development.
“Clearly, our past leaders had envisioned that Mara’s scope is not limited to education,” he told FMT.
He said a new leadership in the company had dealt with problems of the past. Dismantling the entire system would be “going overboard”.
He urged the government to give the new leadership time to sort things out. “The results are encouraging, so we don’t see the need to resort to an extreme measure like shutting it down.”
Yazid said the government should avoid the previous administration’s mistake in ceding control of Bumiputera assets, such as the abolition of a 30% Bumiputera quota for companies seeking stock market listing
“Whatever the government does, it must make sure that it has a good impact on the Bumiputera community,” he said. - FMT

2 comments:

  1. Après 5 ans de relation avec mon petit ami, il a soudainement changé et a cessé de me contacter régulièrement. Il proposait des excuses pour ne pas me voir tout le temps. Il a cessé de répondre à mes appels et à mes sms et il a cessé de me voir régulièrement. J'ai ensuite commencé à le rencontrer avec différentes amies de filles, mais à chaque fois, il disait qu'il m'aimait et qu'il avait besoin de temps pour réfléchir à notre relation. Mais après que j’ai contacté (padmanlovespell@yahoo.com), Dr.Padman du temple des sorts jeté un sortilège d’amour et après un jour, mon petit ami a commencé à me contacter régulièrement et nous avons emménagé ensemble au bout de quelques mois et il était plus ouvert à moi. qu’avant et il a commencé à passer plus de temps avec moi que ses amis. Nous nous sommes finalement mariés et nous sommes maintenant mariés avec bonheur depuis 2 ans avec un fils. Depuis que le Dr. Padman de padmanlovespell@yahoo.com m'a aidé, mon partenaire est très stable, fidèle et plus proche de moi qu'auparavant

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  2. Well most of the time the begining is encouraging but the end is disastrous.

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