A new dawn is beginning in Malaysia. That is the spirit in the air. The opposition (now government) coalition has finally succeeded in winning the vote of the people to force, the incumbent out of office after 61 years.
It was a major upset for the previous government but also an interesting development for investors in the country. With a new government would come a new set of policies and objectives. What does it all mean for investors in the country?
Today, we dig out 5 stocks that might be negatively affected by the new Malaysia Government.
Large Major Projects
The new government has accused the previous government of using Special Purpose Vehicles (SPV) to hide some expenses with regards to many mega projects including the MRT, LRT and High-Speed Rail development.
One of the Manifesto of the government is to get the budget of the country up to shape …