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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....
teoct
480 posts
Posted by teoct > 2018-06-02 16:08 | Report Abuse
Tamat - http://www.imi.gov.my/images/fail_kenyataan_media/2018/5_May/media-kdn..., that is what Home Minister Muhyiddin said. Now my limited knowledge of Bahasa, "TAMAT" means end. In a contractual sense, NOT terminated. Terminated brings up a sense of premature "ending", normally due to some fault of the contractor.
So this "storm" (should be in a tea cup) is not warranted and smack of malicious intent.
Beside, the program of rehiring was announced to be ended on 31/12/2017 (http://www.thesundaily.my/news/2017/08/18/no-further-extension-immigra...). So there appear to have been an extension till this 30/6/2018 (quietly as there were no announcement to BURSA of such an extension by MYEG). And I believe there were many employers requesting that it be extended.
However another contract was awarded (on 10/10/17) to MyEG to repatriate foreign worker that will also end 30/6/2018.
But do note in the announcement by Home Minister (31/5/18), this repatriation program (called 3+1) will continue till 30/8/18. So maybe MyEG may have the contract (to repatriate IFW) extended in days to come to 30/8/18.
Now all this (above) have nothing to do with MyEG concession contract that will only expire May 2020, and the renewal of (legal) FW permit annually will be (should be) business as usual.
With chest thumping and shouting at the top of the hill "rule of law" by PH followers and elders, then the concession contract should be maintain till May 2020 at the least.
Have a pleasant weekend.