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Friday 4 October 2024

LPKP Sarawak waives requirement for all existing Licence 'A' holders, says chairman

LPKP Sarawak waives equity requirement for all existing Licence ‘A’ holders, says chairman

KUCHING (Sept 24): The Commercial Vehicles Licensing Board (LPKP) Sarawak has unanimously agreed to waive the equity requirement for all existing Licence ‘A’ (container) holders, said Michael Kong yesterday.

The LPKP Sarawak chairman said this means that businesses whose licences were approved before Sept 12 this year can continue to operate and renew their licences without needing to meet the 51 per cent Bumiputera shareholding requirement.

He said this would ensure stability and continuity in the industry.

“It was also agreed that all new or additional Licence ‘A’ (non-container) applications from these companies can be processed and approved,” he said in a statement.

The statement was issued after he received a courtesy call from the Sarawak Forwarding Agencies Association (SFAA) at the LPKP Sarawak office here.

During the meeting, Kong said they had a productive discussion on various issues affecting the forwarding industry, with a particular focus on the equity requirements for freight forwarders operating under Licence ‘A’ (container).

At present, he said Licence ‘A’ (container) holders are subjected to an equity requirement where 51 per cent of the company’s shares must be held by Bumiputera.

He said this policy was established many years ago to encourage Bumiputera participation in the forwarding industry.

“However, over time, many existing companies have grown, diversified and expanded their operations, which has naturally led to changes in their shareholding structure. Some businesses, in the course of their growth, no longer meet the 51 per cent Bumiputera equity requirement,” he explained.

Kong said strict enforcement of this requirement would mean that many of these well-established businesses would face closure, which could have a significant negative impact on the forwarding industry in the state.

He added that a sudden closure of such businesses would create a glut in the industry, leaving the market under-serviced and potentially driving up costs for consumers and businesses alike.

He pledged that LPKP Sarawak is committed to being proactive in finding practical solutions that help sustain and grow the industry while fostering a more open and competitive business landscape.

“Our approach will ultimately benefit Sarawak’s economy, ensuring smoother logistics and more competitive costs for businesses and consumers alike.

“We are confident that these measures will not only protect the interests of existing players but also encourage new players to enter the market under fair and sustainable conditions,” added Kong.

Who allowed this practice to take place?

LPKP Sarawak 免除所有现有 A 牌照持有者的股权要求

Michael Kong昨天表示,砂拉越商用车辆牌照委员会(LPKP)一致同意免除所有现有“A”牌照(集装箱)持有人的股权要求。

LPKP砂拉越主席表示,这意味着在今年9月12日之前获得牌照的企业可以继续经营和更新牌照,而无需满足51%土著持股要求。

他表示,这将确保行业的稳定性和连续性。

他在一份声明中表示:“双方还同意,这些公司的所有新的或额外的许可证‘A’(非集装箱)申请都可以得到处理和批准。”

该声明是在他在LPKP砂拉越办事处接到砂拉越货运代理协会(SFAA)的礼节性拜访后发表的。

Kong表示,在会议期间,他们就影响货运代理行业的各种问题进行了富有成效的讨论,特别关注在“A”牌照(集装箱)下运营的货运代理的股权要求。

他表示,目前,“A”牌照(集装箱)持有人必须遵守股权要求,即土著必须持有公司51%的股份。

他说,这项政策是多年前制定的,旨在鼓励土著参与货运行业。

“然而,随着时间的推移,许多现有公司不断发展、多元化并扩大业务,这自然导致其股权结构发生变化。有些企业在发展过程中,不再满足土著股权51%的要求。”

Kong表示,严格执行这一要求将意味着许多成熟的企业将面临关闭,这可能对该州的货运行业产生重大负面影响。

他承诺,LPKP 砂拉越致力于积极寻找实用的解决方案,帮助维持和发展该行业,同时培育更加开放和有竞争力的商业环境。

“我们的方法最终将有利于砂拉越的经济,确保企业和消费者的物流更加顺畅,成本更具竞争力。

“我们相信,这些措施不仅会保护现有参与者的利益,还会鼓励新参与者在公平和可持续的条件下进入市场,”江峰年补充道。

是谁让这么荒唐的政策在联邦议会通过????

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