◉ HEADLINES

No more 30% Bumi equity in privately owned education centres: MOE

Decision made following discussions with the Ministry of Investment, Trade and Industry after public outcry

9:43 PM MYT

 

PUTRAJAYA — The minimum 30 per cent Bumiputera equity ownership in private limited companies operating private educational institutions under the Education Ministry’s (MOE) purview, is no longer a requirement.

MOE said this decision was reached following discussions with the Ministry of Investment, Trade and Industry (MITI).

“This adjustment was made to meet the current needs of the education sector and ensure participation remains open to all parties wishing to contribute to the nation’s educational development,” MOE said in a statement today, Bernama reports

The ministry said it noted the concerns raised regarding the 30 per cent Bumiputera equity requirement for specific educational institutions owned by private limited companies.

The 30 per cent ruling which would affect ownership of private tuition centres, is contained in the Private Education Institutions Policy Book published in 2006, though it appears to not have been enforced.

The guidelines for tuition centres were introduced during the administration of the fifth Prime Minister, the late Tun Abdullah Ahmad Badawi, when Datuk Seri Hishammuddin Hussein was Education Minister.

The issue came under scrutiny recently after several parties called for clarification over reports that tuition centres would be required to meet a 30% Bumiputera equity requirement as part of their licence renewal conditions. – September 21, 2026

Topics

 

◉ Popular

Petronas staff to be shown the door to make up losses from Petros deal?

Source claims national O&G firm is expected to see 30% revenue loss once agreed formula for natural gas distribution in Sarawak is implemented

Penugasan baharu Shuhaily dalam PDRM belum diputuskan : KPN

Mohd Khalid berkata sebarang tugasan dan tindakan susulan terhadap Shuhaily hanya boleh diambil selepas beliau kembali ke PDRM, namun setakat ini belum ada keputusan dibuat

Parcel Shield anti-fraud initiative launched against parcel scams

Led by the Postal Forum, a self-regulatory body under the Malaysian Communications and Multimedia Commission, it aims to deal with scams involving deliveries and impersonation of legitimate couriers, among others

◉ Related