APs sold for quick profits will be cancelled – Tun M

APs sold for quick profits will be cancelled – Tun M

Contracts or approved permits (APs) sold to other parties with the objective of reaping quick profits will be cancelled immediately, said prime minister Tun Dr Mahathir Mohamad, as reported by the New Straits Times. This is because many who have the permits or contracts have refused to follow the example of those who retained ownership of their approved permits and contracts, he said.

“Do not sell off the opportunities and contracts given to you. We hope that the new government will help us, but help will not be given to those who want quick gains. If someone is awarded wth a contract, that is what he will get. If you pass it or sell it to others, then the contract will be cancelled,” Tun Dr Mahathir said.

“If you are not able to execute it, do not try to get contracts, especially if it is only to be sold off later, the contract will then be invalid and cannot be executed,” Tun Dr Mahathir said during a session of the Congress on the Future of the Bumiputera and Nation 2018 last Saturday.

Toyota Vellfire Wald-01

In the Malaysian automotive industry, approved permits are the documents required for the import of cars into the country. There are two kinds of APs; one is the Franchise AP, which is used by principal companies of car brands for the official import of their cars, while the other is the Open AP, which is responsible for most of the grey-import vehicles on our roads, from other right-hand-drive markets internationally.

The desire for instant riches was also among the reasons why the New Economic Policy (NEP) failed to achieve its aims, Tun Dr Mahathir said.

“NEP was created to ensure the economic success of the Malays. But the ones who have succeeded are not Malays. The non-Malays use the opportunities before them – they get to buy the contracts and APs, set up businesses, generate wealth, expand their companies and become millionaires,” he said.

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Mick Chan

Open roads and closed circuits hold great allure for Mick Chan. Driving heaven to him is exercising a playful chassis on twisty paths; prizes ergonomics and involvement over gadgetry. Spent three years at a motoring newspaper and short stint with a magazine prior to joining this website.

 

Comments

  • In another words, AP system will continue. Sama sama saja wei!

    Well-loved. Like or Dislike: Thumb up 64 Thumb down 4
    • proton and contilover on Sep 03, 2018 at 12:39 pm

      then? sell it to you? of course la sell to car seller! then what else? plz change ur mind set for the New Malaysia.

      Like or Dislike: Thumb up 7 Thumb down 14
      • support AP
        https://paultan.org/2018/07/11/pekema-says-that-open-ap-system-should-continue/

        Like or Dislike: Thumb up 3 Thumb down 2
      • Sell to me i dun mind. I can instant billionaire like someone sons. But why still continue AP system? Just to enrich more Kawans again? Poodah!

        Like or Dislike: Thumb up 35 Thumb down 1
    • Syed Putra on Sep 03, 2018 at 4:09 pm

      Just reduce the import car taxes. If this cannot be done, then treat cars assembled in asean as local cars.its about time we tell our businesses to treat aseans 400 mil as local msrket than just our 30 mil.if we do this, i am sure tgh rest will reciprocate, and thus will attract many investors to come.

      Like or Dislike: Thumb up 2 Thumb down 2
  • johnnas on Sep 03, 2018 at 11:58 am

    My foot.
    NEP’s agenda should really have a wide and equal coverage for the good of all regardless of skin colour. Special treatment is a thing of a past and should be have been made irrelevant eons ago.
    Next up, all policies should be revisited and actually enforced to erradicate any irrelevancies such like this APs. A robber could have said he robbed out of desperation to earn a living.

    Like or Dislike: Thumb up 18 Thumb down 3
  • As long there is still this NEP or similar things that benefit one particular race only, there can never be unity among us Malaysian.

    Like or Dislike: Thumb up 19 Thumb down 3
  • frankC on Sep 03, 2018 at 12:11 pm

    it will be interesting to see if contract sold to another parties will be terminated. this is a menace in our society.. selling off contracts to another party.

    Like or Dislike: Thumb up 5 Thumb down 0
  • Fucukyongtaufoo on Sep 03, 2018 at 2:49 pm

    The old days were to strengthen competition against us Malaysian because not much countries can compete with Malaysia. Now there are many neighbouring countries already up to par, our country policy now should unite all Malaysians to compete against other countries, inclusive of our brothers and sisters in East Malaysia.

    Like or Dislike: Thumb up 5 Thumb down 0
  • BULLSHIT on Sep 03, 2018 at 2:52 pm

    The other day just said you’ll create a new and fair government.
    Today you speak of what we hate for the past 22 years of your leadership.
    You can’t have a cake and eat it.

    Like or Dislike: Thumb up 26 Thumb down 0
  • Teo Han Ching on Sep 03, 2018 at 2:58 pm

    Wonder who was the feeble PM who started and couldnt control AP transfers before this.
    Glad that this new PM is made of much sterner stuff!

    Like or Dislike: Thumb up 2 Thumb down 9
    • It was this sterner stuff PM that created AP mess that went out of control so much, the feeble PM or whoever PM even, can’t dismantle this arrangement. You don’t use the problem to solve the problem.

      Like or Dislike: Thumb up 18 Thumb down 0
  • Grease monkey on Sep 04, 2018 at 1:15 pm

    Tahu tak apa,all this bs comes from you,now try to angel ka? Anak beranak & crony kaya raya jugak,just reduce car prices & taxes,everyone get benefits

    Like or Dislike: Thumb up 3 Thumb down 0
  • Triggered Citizen on Sep 05, 2018 at 2:28 pm

    Act like saviour, who in fact is root of evil deeds, affirmative, abolish AP system once and for all

    Like or Dislike: Thumb up 3 Thumb down 0
 

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