Why does Lim Guan Eng view the 50 percent threshold as problematic?

Question

## Lim Guan Eng says the 50 percent threshold is problematic because it departs from the previous 30 percent rule and creates wider political concern.

Accepted Answer

Lim Guan Eng argued that raising the Bumiputera equity requirement from 30 per cent to 50 per cent for buyers of GLC and GLIC properties worth RM20 million and above has already caused disillusionment among Pakatan Harapan supporters. He also said the change raises concern that the government may apply similar adjustments to other policy instruments and administrative arrangements.

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Why does Lim Guan Eng view the 50 percent threshold as problematic?

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