Who stands to gain the most from this policy change in the freight forwarding industry?

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The Malaysian Bumiputera Logistics Association stands to gain the most from the freight forwarding policy change.

The policy requires local freight forwarders to be Bumiputera by the end of 2022, with the remaining firms given 15 months to sell or liquidate. Among the groups mentioned, the Malaysian Bumiputera Logistics Association is identified as the one that will reap the most from the change.
The ownership shift is set to reshape the industry
The change is framed as a move toward 51 per cent Bumiputera equity in affected firms, which would amount to an ownership transfer. The Federation of Malaysian Freight Forwarders, or FMFF, is described as currently dominated by non-Bumiputera members, but that balance is expected to reverse within a year.
The ministry of finance approved the decision
The ministry of finance and its minister made the decision to proceed with the policy. The move was described as having been decided without the need for further arguments, and it applies to local freight forwarders operating in Malaysia.
FMFF members face a forced exit or restructuring
The FMFF is said to have almost 1,090 members, and most are expected to exit under the new arrangement. Those remaining can continue working in logistics, but they would do so as employees or subcontractors rather than owners.
The policy is presented as a major transfer of commercial control
Freight forwarding is described as a large and profitable business in Malaysia and the wider Asean region. The change is therefore portrayed as shifting commercial control away from existing owners and toward Bumiputera-linked interests, especially the Malaysian Bumiputera Logistics Association.

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Who stands to gain the most from this policy change in the freight forwarding industry?

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