LYC 0.50% $5.95 lynas rare earths limited

the truth about investments in malaysia

  1. 608 Posts.
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    Fuziah Salleh and her troops complain that Lynas was given a 12 year tax holiday.

    It is business as usual to give foreign companies a tax holiday up to 10 years, depending on what kind of investment is done. This and more incentives are given to certain industries such as manufacturing, IT-Services and biotechnology.

    So, why not give 12 years to a rare earth manufactoring company that is capable to produce some of the most important essential items for the global manufacturing industry? Lynas will boost the malaysian economy in every aspect. That is why Lynas was given 2 years upon the 10 years.

    http://www.deloitte.com/assets/Dcom-Global/Local%20Assets/Documents/Tax/Taxation%20and%20Investment%20Guides/2012/dttl_tax_highlight_2012_Malaysia.pdf

    Foreign investors know about how malaysia tries to attract foreign investment.

    It is one of the least taxed regions in the whole asian pacific. http://www.doingbusiness.org/~/media/GIAWB/Doing%20Business/Documents/Special-Reports/Paying-Taxes-2013.pdf

    Malaysia is worldwide the 12th best place for doing business: http://www.doingbusiness.org/rankings

    Far better than almost all countries in the world.

    Malaysian people know this and they are happy to have such an outstanding policy to develope their economy much more faster than most of other countries in the asian pacific region.

    The next elections will reflect the success of this kind of policy and there is no doubt, that oppositsion partys like the one of Fuzia Salleh engaged in the Pakatan Rakyat will lose the next election.

    I am looking forward to participating in this success story.

    Lynas will help to boost malaysian economy. I have no doubt on that.

    Chinese will be happy since they only have 23 % of REE-reserves worldwide left (http://english.mofcom.gov.cn/article/counselorsreport/europereport/201301/20130108510272.shtml). They will need them for their own purposes in the transition to a sustainable future.

    The world will be happy to have a reliable ROW-supply (especially if MCP = chapter 11).

    There might be not much time left to get shares for cheap.

    Once Lynas has proved it can produce rare earth products in quantities and viable and once the elections are over, nothing will prevent Lynas to be one of the top investment storys in the whole resource sector.

    GLTA long term shareholders.

    Once our patience will be rewarded. Time will tell.

    Five





 
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