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Thursday, 10 September 2009

30pc quota lifted for Allianz

Allianz does not need to comply with 30% Bumiputera equity requirement any more.

Previously Allianz applied to Securities Commission for extension of time to 30/9/2009 to meet the 30% requirement. Following Government's announcement on 30/6/2009, the EPU has confirmed vide its letter to Allianz that it no longer requires to meet the 30% quota.

Source: Bursa

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