Sadly the reality is that Malaysian politics is at play here , When it comes to politics logic is thrown out the window .
This is a example in Australia what can happen.
The business consortiam representing supertrawler Abel Tasman applied for a fishing license to fish en masse in Australian waters .
The consortiam jumped trough hoops and ticked all the boxes invested $10s millions satisfy goverment enviromental demands .
With all goverment agencys involved a fishing license was granted.
The ship and crew now sailed for australia ,
When the ship arrived in Australia only then did it awake local fisheries groups.
Politics now came into play and the fishing license was suspended .
LYC has a fantastic business plan ,we are already witnessing things not going to plan due to politics
$1 billion market cap - no profit in sight..., page-39
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