30% Malay's equity quota scrapped

I will gives great applause to our PM,Datuk Seri Najib Razak for defending his action on the removal of the 30 per cent Malay equity in several sectors and said that Malay businesses would not lose out despite any increased competition.Some market analysts and even political leaders have welcomed the scrapping of the quota in sectors such as health, tourism and transport. The decision means investors in these sectors no longer need to find Malay partners to take up 30 per cent ownership in their businesses.This is what called "1Malaysia"..