Foreign equity ownership fell from 32.5% in 2004 to 30.1% in 2006

26/6 KLCI was down 1.7 points to 1207.40 at noon. TMI eroded 35 sen to RM 6.65, DIGI slid 30 sen to RM 24.20, SP Setia slipped 28 sen to RM 3, Kulim-WB was down 25 sen to RM 7.20, Shell eroded 20 sen to RM 10.70.

Foreign equity ownership fell from 32.5% in 2004 to 30.1% in 2006, according to 9MP mid-term review.

Bumiputera equity ownership is recorded at 18.9 % in 2004 and has increased to 19.4% in 2006, Non-bumi equity ownership increased from 40.6% to 43.9%, Chinese equity ownership rose from 39.6% to 42.4%, Indians eroded from 1.2% to 1.1%, foreigners dropped from 32.5% to 30.1%.

The second finance minister says the government is undecided who will take over Bakun undersea cable project after Sime exit. It will talk with Tenaga, stakeholders.

Petra Perdana will expand fleet because it sees a higher utilization rate this year and beyond, compared with 75% utilization in 2007.