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ACCOUNT OPENING FORMFREECorporate Bumiputera ControlledNonBumiputera ControlledManaged by Sham Sarah Broad (303418V)CORPORATEATTENTION: In accordance with the Capital Markets and Services Act 2007,
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Individuals or entities seeking to benefit from the privileges and opportunities provided to bumiputera-controlled businesses in Malaysia.
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Bumiputera controlled refers to businesses or organizations that are predominantly owned or managed by Bumiputera individuals, typically relating to ethnic Malays and indigenous peoples in Malaysia.
Businesses that are predominantly owned by Bumiputera individuals are required to file bumiputera controlled, as well as any entities seeking recognition of their Bumiputera status.
To fill out bumiputera controlled, applicants need to complete the prescribed forms accurately, providing details about ownership, management, and business operations, and submit them to the relevant authorities.
The purpose of bumiputera controlled is to ensure that Bumiputera individuals have a significant stake in the economy, promoting economic equity and empowerment within the community.
Information that must be reported includes ownership structure, financial performance, management team details, and compliance with Bumiputera policies.
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