the truth about investments in malaysia, page-4

The tax break is part of the package for being awarded Pioneer Status, a leading industry that will promote growth for Malaysia as part of BN's 2020 Vision plan to promote Malaysia into first world status, not just economically but a bunch of social development as well, including racial harmony. Worth a Google & quick read to see how comprehensive it is.

From the bit of research I've done it's an important election for Malaysia for their immediate future, as well as Lynas. The Opposition don't seem to have any plan/vision other than attacking everything BN has put in place, aka Lynas - as a new MP Fuzzy was probably given the specific brief to attack Lynas as it was pretty much the sole focus of her maiden speech and first 18 months in office.

Little of this probably matters to those still under the influence of rocket fumes but the LAMP is a 25yr+ investment and political stability will go a long way to underwriting that value into the SP.

Researched was adamant the TOL would not be issued until after the election, which I disagreed with, but I think he's right that the full value of the TOL won't be realised until there is some political security. The Health Minister's recent comment is testimony to that.

BTW, Pioneer Status also entitles Lynas to relief on all sales taxes & duties on inputs, in addition to revenue.