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4 comment(s). Last comment by williamh 2020-03-28 13:06
Posted by jaiishak > 2020-02-24 10:45 | Report Abuse
this is all due to high taxation and lack of enforcement by the govt..the amount that they seized is very minimal compared to the overall sale of illicit cigarettes in malaysia.. how will the shares go up if this is the risk?
Posted by jofernandez > 2020-02-26 16:51 | Report Abuse
how to stay relevant in this economy? only when the govt really crack down on the enforcement against illicit cigarettes sale, then only the economy will go up, and govt might impose less tax, which will drive up the BAT and PMI shares..
Posted by williamh > 2020-03-28 13:06 | Report Abuse
The gov.has no options now not to seriously telooking into the high tax thus the cause behind the illegal..but to doing anything to increasing the revenue...at one stone kiss two birda
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CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
kathyyong
6 posts
Posted by kathyyong > 2020-02-24 10:22 | Report Abuse
Total government tax revenue loss is RM5bil and Malaysia among the highest in the region in terms of illicit cigarettes..no wonder BAT shares drop down quite a lot since last year..