Earlier this week, the matter of open approved permits (AP) surfaced again when it was reported that Putrajaya had allegedly approved 38 new AP holders, the contention being that these new holders were not in the car business but merely looking to sell their permits to established AP holders, which have had their regular annual AP quotas reduced to accommodate the provision to the new AP holders.
The ministry of international trade and industry (MITI) – via its deputy minister Ong Kian Ming – said it would issue a statement regarding the issue, and did so yesterday. In the statement, it said that the new open AP policy had been implemented with effect from January 1.
It said that under the new policy, there is no limit to the overall number of APs to be released throughout the year and companies may apply for additional APs based on their sales performance.
The ministry said nearly 300 applications were received by it when an offer for application to become an open AP company was made from May 23 to June 21 in 2016. It said that after an evaluation process, including an audit by a qualified independent auditor, 164 companies qualified to become AP holders, and of these 128 are existing companies while 36 are new.
“Conditions that needed to be fulfilled, among others are, the company must be 100% owned by Bumiputeras, including in key management posts, and it has at least two years of experience in selling and distributing motor vehicles, and a strong financial position,” the ministry said.
It said that at the moment, most of the new companies are still not fully in operation as they need to fulfil some technical requirements and be prepared for business operational matters. It added that the details on current qualification as an open AP company as well as the latest list of open AP holders have been published on its portal.
The ministry said the implementation of the new open AP policy is in line with the government’s decision in 2015 to continue the policy with some improvements, including providing the opportunity to new Bumiputera entrepreneurs to participate in the industry. It added that the new policy, which should have been implemented in January 2017, was postponed for almost two years due to uncertainties in the domestic automotive market.
The companies are subjected to the conditions and rules imposed by MITI, which will continuously monitor and audit them. Under the new policy, the ministry said it will take decisive measures if there is a breach of any of the conditions.
These include withdrawing or suspending the allocated and approved APs, blacklisting the companies (including every shareholder and board member of the company) from submitting any future application on open APs, and taking a legal action against the company. The ministry stated that last year, it blacklisted nine existing companies for offenses and for not complying with the conditions.
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Having AP is bad. Just pure bad. But like I always say, change of Government just means just 100 cabinet members have just changed. Everything else remain the same.
Same old 1.6 million Government servants remain the same. Everything is SAME SAME. They are used to their easy lifestyle and their easy contracts and easy APs.
We rakyat suffer stil with highest car prices in the world
The cabinet members set the policies whereas the government workers execute them, no?
Let’s say a private company changes its CEO and the entire board of directors, but workers stay the same. If I use your logic, then “Everything is [still] SAME SAME”? Can’t the CEO and BOD do away with questionable practices of past management?
Let’s call a spade a spade. Don’t go spread the blame to everyone else.
YOU SPEAK THE TRUTH!!!
Just like lowyat plaza, there are hundreds of shops but just 5 or 6 owners
With AP also the same. Hundred over players but only less than 10 players with different company names.
Mara Digital Mall doin way better than lowyat plaza, cheaper & more choices there
How long do these people want tongkat? Look at Singapore. Doing so well without tongkat
CEO or Minister cannot change if all are lazy and all want tongkat.
turd is just in denial his team isnt as good as he thought.
How difficult is it to abolish AP? It is just one quick decision and it can be closed overnight.
Just open a counter booth in MITI. Those who want to import cars, just go to the counter and pay cash and get 1 AP on the spot.
Then open another counter to offer shipping services to the new AP buyer.
Government also can make some profit from the
1) sale of AP
2) Shipping charges
I don’t know why so difficult to to direct with MITI. In Malaysia always must have agents. AP holders are mere agents.
Why do we need agents and middleman?
We need to bring more Mainland people like Li Chunrong into Malaysia to be put into Government departments such as MITI. Just like how Li Chunrong changed Proton, these Mainland people also can change MITI and enable MITI to make money from AP buyers
The company must be 100% owned by Bumiputeras, including in key management posts,. So Pekema got no problem here,
Just open a counter in MITI to dispense with the AP. Simple as that.
Just like how you bayar for passport, the same counter. Just pay money and collect the AP
How long do we have to feed these cronies?
i thought before this you guys are the one who champion to abolish AP. What happen dude
That’s just a platform for them to bash, never really sincere to implement it
Money, money, money
Always sunny
In the rich man’s world
Aha aha
All the things I could do
If I had a little money
It’s a rich man’s world
-ABBA (Money money money)
Doing the same thing over and over and expecting different results.
They are in the process of Making Toyota Vios Luxury Again.
Aahh… AP….. have not been hearing this word since 2003.
syabas back to good old days
Do some show, blacklisted some companies. Then the big boss behind still the same with different company name only.
Can the ministry be transparent ? list down who’s the current AP and the new AP holder on the web ?
We don’t want the new or old one put under some red files. it should be let everyone know. who they are and what’s the capabilities or they are cronies to get money from PH , the same way the umno do ?
expect the country to improve? when the fundamental of economy sense also dont have but reverted to old model to protect the whoever….good luck to us all…the END GAME has begun…!
From previously A-Old minister to now I-dot minister..same damage to the country…
It is also said that AP outright selling has started also by the new AP companies. selling papers for 5 figures. money fall from sky
“Conditions that needed to be fulfilled, among others are, the company must be 100% owned by Bumiputeras”.
Another case to prove that all of them were shouting because they weren’t handed one.
Give them one and they’ll immediately give reason to accept it.
Please do not make this an issue anymore even after we vote you out.
no surprises here… afterall we recycled the same policy makers from the yesteryears (pssst… the guys who did intro all this policies in the first place)… #mohonterasa