Majulah Bangsa!

Bumi equity now at 18.9% - The Star, 14th Nov 2006

• The Government has reiterated that bumiputra equity ownership in the corporate sector was 18.9% at the end of 2004 as mentioned in the 9th Malaysia Plan.
• This is based on data produced by the technical committee of the Economic Planning Unit (EPU), Minister in the Prime Minister’s Department Datuk Seri Effendi Norwawi said yesterday.
• The committee comprises experts from the EPU, Companies Commission of Malaysia (CCM), Securities Commission, Bursa Malaysia and Permodalan Nasional Bhd.
• The committee also has the services of external experts in the information technology field to generate the data required

No time limit to achieve Malay Agenda, says Najib - The Star, 14th Nov 2006

• No time limit will be set to achieve the Malay Agenda to uplift the status of the race, Datuk Seri Najib Tun Razak said.
• He said it was impossible to correct the 446 years Malays were oppressed under the rule of foreigners between 1511 and 1957 within a period of 20 to 30 years.
• “For as long as long as our goals are not achieved, we will continue the struggle, deploying every available resource for the sake of our people.
• “What we struggle for are our rights without denying the rights of others,” he said when opening the Umno Wanita, Youth and Puteri delegates conferences here on Monday evening.
• On the other hand, he said the government’s figure of 18.9% of bumiputra equity ownership was realistic as it was derived from the data of 600,000 companies compared to the 1,000 public listed firms in the study.
• Similarly, Najib noted that the Economic Planning Unit figures last year showed that bumiputra owned 11.7% of commercial buildings while it was 71% for the Chinese.
• Likewise, he said the average monthly income of bumiputra had merely increased from RM339 in 1976 to RM2,711 in 2004 while for the Chinese, the figure rose from RM796 to RM4,437 during the same period.
• “Based on this fact alone, Lee Kuan Yew’s allegation that Malaysian Chinese are being sidelined is completely wrong. Let it never be said that our openness and inclusiveness is a sign of weaknesses.
• “On the contrary, it is precisely these qualities that make up the formula of our success. This is the approach well accepted by all races willing to work hand in hand to develop Malaysia,” Najib added.

Firstly, PM took Malaysians as fools. Despite various communities calling for transparency in the statistics, what we received is a statement after another. Stop wasting our time, "it is hard to be nice and patient". It is no longer about numbers, but it is a test on PM's and also government's credibility. Denying the facts will only prolong the damage.

Secondly, Najib does not take in the factor of how hard Chinese have worked for their deserved income and totally disregard the handouts given by the government to the Bumis. 20-30 years is not enough, let's work harder with "no time limit" until Malay's status is uplifted!

Majulah Negara! Majulah Bangsa! Penatlah Orang Cina and India!