LYC 0.00% $6.41 lynas rare earths limited

Fuziah Moves On, page-54

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    Look at what the PM is saying,  (rather than give credence to the slitherings of a provincial third ranker).

    Top story today in The Star.
    PM makes sweeping changes

    "A day before officially starting work as the new Prime Minister, Tun Dr Mahathir Mohamad has announced sweeping measures to clean up corruption in the country and restore the people’s trust in government.

    In a special announcement aired live on television, the Prime Minister also unveiled steps to boost investor and business confidence in Malaysia."

    "The Prime Minister said the Government will also go after anyone who gives or receives bribes or does anything that can be classified as corruption.

    He promised that action against all responsible including politicians or those in government.

    Dr Mahathir said the Government will ensure that all its actions follow the law and regulations.

    “We have to run this country through rule of law. We will impose our laws on everyone, regardless of whether they hold high positions. All will be subject to the law,” he said.

    On the economy, Dr Mahathir said the Government wants to cut red tape as it does not want too many laws or regulations that can restrict the freedom to do business in the country.

    We want all parties to be able to do business more freely and easily,” he said.

    He said that while Malaysia welcomed local and foreign direct investments (FDI), the FDI would be limited to bringing in capital and technology into the country and setting up of factories to produce goods for the local and export markets."

    Sounds like Lynas and a reforming Malaysia are a match made in heaven?
 
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