Posted by Income > 2024-04-01 18:36 | Report Abuse

Naturally, Malaysian companies tend to get higher valuations on their home ground. Apart from being able to raise the highest amount of funds at home, the companies also choose to list locally where they are comfortable with the operating environment.

They are familiar with the laws that dictate businesses, government policies that ease the cost of doing business and stable political environment that allows for certainty in decision-making and fosters commitment to long-term investments.

However, the political risk premium has heightened over the years. It has come to a stage where a simple matter relating to business can be turned into a racial and religious one.

Posted by Income > 2024-04-01 18:37 | Report Abuse

Starbucks is in many office buildings and is frequented by the younger crowd. As for KK Mart, it has overtaken 7-Eleven as the most popular 24-hour convenience store. Consumers will continue to patronise Starbucks and KK Super Mart. It will take time but things will eventually recover.

But what cannot be erased is the overexuberance of politicians in capitalising on issues involving race and religion. That leaves a scar on investors.

After the recent incidents, it is easy to fathom why the equity market is in an appalling state of affairs.

M Shanmugam is a contributing editor at The Edge

Posted by speakup > 2024-04-01 21:24 | Report Abuse

https://www.thestar.com.my/news/nation/2024/04/01/third-kk-super-mart-outlet-attacked-with-molotov-cocktail