LYC 0.78% $7.76 lynas rare earths limited

LYC mentioned by Malaysian PM

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    (Bloomberg) -- Malaysian Prime Minister Mahathir Mohamad says govt will look to Germany’s method of using public funds to finance political parties, he tells reporters in Kuala Lumpur.
    • Mahathir says changing political party funding model aimed at fighting corruption
    o   No timeline on when govt will decide on new model
    • Govt hasn’t decided whether to list state oil company Petronas
    • Govt to encourage more investments in aerospace business
    • Review of Lynas’s plant won’t be dictated by views of MPs Fuziah Salleh and Wong Tack, as the committee is composed of other members: Mahathir
    • NOTE: Malaysia Pledges Fair Review of Lynas Plant After Pleas From CEO
 
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