#1 Nestle Malaysia Berhad
Yes, you heard that right. Nestle Malaysia Berhad (NMB) could be THE stock to watch out for. That’s because the government has lowered the income tax rate by 2% for Malaysians earning RM35k to RM100k. This could potentially encourage Malaysians to spend more on food necessities....The Malaysian Budget 2023 has just concluded on 24 February 2023.
This time around, the new Malaysia PM, Anwar Ibrahim is trying to stamp his mark in the revised budget for 2023.
And what a surprise the budget was for many Malaysians!
A couple of policies were entirely new and could mean that these Malaysian stocks would stand to gain – big time.
Hence, here are 4 Malaysian stocks from various sectors that you should get a good look at in line with the new Budget 2023!
