Yes. But Lynas is not as connected to the previous government. As long as the rules were followed well and paperwork is in order.
The companies to pay closer attention to are probably CMSB (cahya mata sendirian berhad klse and to a certain extent OMH.asx). Numerous Japanese and South African companies operating in Sarawak for their world cheapest electric supply. That would rival operations of South32/BHP in similar minerals.
Rest are linked to 1mdb but not that dependant SP Setia. (Google Battersea London 1mdb)
But LYNAS is a better business and I think a good one the world (and Malaysia) needs to look after not to be too dependent on China. (I.e Japan and rest of the world) just a a stable reliable supply of rare earths not for political purposes.
Ann: Share Price Update, page-97
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