Why does Lim Guan Eng argue the 50 percent equity rule alienates PH supporters?

Question

## Lim Guan Eng argues that the 50 percent Bumiputera equity requirement alienates Pakatan Harapan supporters because it represents a departure from the coalition's commitment to maintaining the status quo and raises fears of broader policy shifts.

Accepted Answer

Lim Guan Eng contends that the increase in the Bumiputera equity threshold for government-linked company (GLC) and government-linked investment company (GLIC) property acquisitions—specifically for assets worth RM20 million and above—has caused disillusionment among the Pakatan Harapan (PH) base. He asserts that this policy change, which came into effect on November 18 last year, contradicts the coalition’s established approach of preserving existing frameworks while ensuring equal opportunities for all citizens. By urging Prime Minister Datuk Seri Anwar Ibrahim to revert to the previous 30 percent threshold, Lim highlights a growing tension between the current administration's policy adjustments and the expectations of the coalition's supporters.

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Why does Lim Guan Eng argue the 50 percent equity rule alienates PH supporters?

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