It is a strong statement for the leader representing the Chinese in the Barisan Nasional ruling coalition to stress the point of “There will be strong resentment if handouts are given to the rich”.
The Malaysian Government does not and have not been giving handouts to the rich.
Unless he was echoing those amongst the Chinese who perpetuate taking pot shots against those who have been selected to get contracts and/or concessions for specific projects initiated by the Government. Whilst taking these pot shots, the people intentionally connote with a tinge of racial over tone that these are examples of ‘cronyism’ practiced by Malaysia Government, particularly UMNO leaders in power.
The fact is that contracts, concessions and projects are awarded to those who the Malaysian Government think are able to undertake and deliver.

YTL Comms’ 1Bestari.Net
Many of these projects and concessions are awarded to Chinese entrepreneurs. An immediate example is 1Bestari.Net, a project to get all 10,000 schools be connected with 4G connectivity was awarded to YTL Communications. Amongst the losers in the bid were Telekom Malaysia and Celcom, which are GLCs.
Many believed that whatever YTL Communications could offer, TM and/or Celcom could do equally good if not for lesser cost. Yet, Prime Minister Najib as the final decision maker awarded the project to the current beholder.
It is an indisputable fact that more Malay professionals in ICT would have benefited laterally and horizontally had the project was awarded to TM and/or Celcom instead of YTL Communications, where most of the professionals and technical personnel are Non Malays. So are solution partners to the project, such as Bitara.com.

Prime Minister Najib endorsement of MDEC-YTL Comms project
Another good example is when FGV wanted to expand their brown field plantations, they acquired Pontian United Plantations Bhd. Pontian is a Chinese owned and controlled plantation company and an enormous sum of premium was paid for the acquisition.
An interesting fact about it is that not even one Chinese politician, activist and/or corporate and market analyst made a tiny toot about the acquisition of RM1.204 billion which was realised fully in cash.
Why? Chinese entrepreneurs gain extraordinarily handsomely from the cash sale to a plantation giant which is controlled and incorporated for the Malays, as an extension to the NEP.
Dr Chua must openly admit as the controller of the Malaysian business environment and eco-system, it is the Chinese entrepreneurs who benefitted the most from any projects, contracts and/or concessions awarded by the Malaysian Government. The Chinese business community control almost all upstream supply line of nearly all segments.

Ajib Gor with Dr Chua at Chinese Chauvinist Dong Zhong’s CNY celebration
Their integrated and well networked business associations provided a lot of synergy to many Chinese entrepreneurs, even several layers down the line. As such, they have the advantage of procuring materials and services at better prices, terms and even the whole chain of the delivery system.
The Malays had never been envious of this nor tried to take it away from them. What the Malays wanted is an opportunity for them to be alleviated and eventually emancipated from the ‘rural trap’ derived from the state of rural dwelling, under privileged, uneducated and lesser opportunities.
Hence, the New Economic Policy was formed and rolled out over 40 years ago.
No doubt that many Malays benefitted from this and move upwards on the socio-economic status. However, despite the implementation of this policy the economic gap between the Malays and Chinese is actually getting wider even though twenty years ago it had to narrow.
One of the factor of the widening gap is that Chinese entrepreneurs entrenched in the integrated and well networked business communities have strategic advantage when the Malaysian economy was very bullish (early to end 90s and again early 2000 to 2007). They are able to provide competitive if not lesser cost of production and distribute their products and services much better compared to Malay entrepreneurs.
This is the realism of the history of the Malaysian process to nationhood.

84% of the eligible voters in the 1955 Federal Consultative Council general election are the Malays, who were ‘Subjects of HRH Rulers’.
It is a cross road for MCA leaders and members should take stock. They have benefitted from the ‘kongsi kuasa’ power sharing formula since the days where only 14% of the eligible voters are Chinese ethnic. The Malays, made concession to ‘kongsi kuasa’ with MCA (also with MIC) for the sake of if they are serious in building this nation together, then the must work together as a team.
That was 58 years ago. Attempting to veer away from the formula which worked for more than half a century is to deny the ‘sacrifice’ that the Malays made such as allowing 980,000 ‘stateless persons’ to be admitted as citizens even when no proper due process were done and in actual fact majority of them do not qualify, as per stated in the previous constitution inked 21 January 1948.
*Updated 1630hrs
Telling Tiong Hua
Prime Minister Dato’ Sri Mohd. Najib Tun Razak challenged MCA to re-invent themselves and gain the prominence that they once commanded amongst the Chinese, so that they could continue to be the champion of prosperity in this land of plenty.
MCA President Dato’ Seri Dr. Chua Soi Lek’s message in his Presidential Speech that reckless handouts is not the strategic solution to alleviate Bumiputera socio-economic position and play catch up with the dynamism of the bullish economy.
It is a strong statement for the leader representing the Chinese in the Barisan Nasional ruling coalition to stress the point of “There will be strong resentment if handouts are given to the rich”.
The Malaysian Government does not and have not been giving handouts to the rich.
Unless he was echoing those amongst the Chinese who perpetuate taking pot shots against those who have been selected to get contracts and/or concessions for specific projects initiated by the Government. Whilst taking these pot shots, the people intentionally connote with a tinge of racial over tone that these are examples of ‘cronyism’ practiced by Malaysia Government, particularly UMNO leaders in power.
The fact is that contracts, concessions and projects are awarded to those who the Malaysian Government think are able to undertake and deliver.
YTL Comms’ 1Bestari.Net
Many of these projects and concessions are awarded to Chinese entrepreneurs. An immediate example is 1Bestari.Net, a project to get all 10,000 schools be connected with 4G connectivity was awarded to YTL Communications. Amongst the losers in the bid were Telekom Malaysia and Celcom, which are GLCs.
Many believed that whatever YTL Communications could offer, TM and/or Celcom could do equally good if not for lesser cost. Yet, Prime Minister Najib as the final decision maker awarded the project to the current beholder.
It is an indisputable fact that more Malay professionals in ICT would have benefited laterally and horizontally had the project was awarded to TM and/or Celcom instead of YTL Communications, where most of the professionals and technical personnel are Non Malays. So are solution partners to the project, such as Bitara.com.
Prime Minister Najib endorsement of MDEC-YTL Comms project
Another good example is when FGV wanted to expand their brown field plantations, they acquired Pontian United Plantations Bhd. Pontian is a Chinese owned and controlled plantation company and an enormous sum of premium was paid for the acquisition.
An interesting fact about it is that not even one Chinese politician, activist and/or corporate and market analyst made a tiny toot about the acquisition of RM1.204 billion which was realised fully in cash.
Why? Chinese entrepreneurs gain extraordinarily handsomely from the cash sale to a plantation giant which is controlled and incorporated for the Malays, as an extension to the NEP.
Dr Chua must openly admit as the controller of the Malaysian business environment and eco-system, it is the Chinese entrepreneurs who benefitted the most from any projects, contracts and/or concessions awarded by the Malaysian Government. The Chinese business community control almost all upstream supply line of nearly all segments.
Ajib Gor with Dr Chua at Chinese Chauvinist Dong Zhong’s CNY celebration
Their integrated and well networked business associations provided a lot of synergy to many Chinese entrepreneurs, even several layers down the line. As such, they have the advantage of procuring materials and services at better prices, terms and even the whole chain of the delivery system.
The Malays had never been envious of this nor tried to take it away from them. What the Malays wanted is an opportunity for them to be alleviated and eventually emancipated from the ‘rural trap’ derived from the state of rural dwelling, under privileged, uneducated and lesser opportunities.
Hence, the New Economic Policy was formed and rolled out over 40 years ago.
No doubt that many Malays benefitted from this and move upwards on the socio-economic status. However, despite the implementation of this policy the economic gap between the Malays and Chinese is actually getting wider even though twenty years ago it had to narrow.
One of the factor of the widening gap is that Chinese entrepreneurs entrenched in the integrated and well networked business communities have strategic advantage when the Malaysian economy was very bullish (early to end 90s and again early 2000 to 2007). They are able to provide competitive if not lesser cost of production and distribute their products and services much better compared to Malay entrepreneurs.
This is the realism of the history of the Malaysian process to nationhood.
84% of the eligible voters in the 1955 Federal Consultative Council general election are the Malays, who were ‘Subjects of HRH Rulers’.
It is a cross road for MCA leaders and members should take stock. They have benefitted from the ‘kongsi kuasa’ power sharing formula since the days where only 14% of the eligible voters are Chinese ethnic. The Malays, made concession to ‘kongsi kuasa’ with MCA (also with MIC) for the sake of if they are serious in building this nation together, then the must work together as a team.
That was 58 years ago. Attempting to veer away from the formula which worked for more than half a century is to deny the ‘sacrifice’ that the Malays made such as allowing 980,000 ‘stateless persons’ to be admitted as citizens even when no proper due process were done and in actual fact majority of them do not qualify, as per stated in the previous constitution inked 21 January 1948.
*Updated 1630hrs