Posted by kathyyong > 2020-02-24 10:22 | Report Abuse

Total government tax revenue loss is RM5bil and Malaysia among the highest in the region in terms of illicit cigarettes..no wonder BAT shares drop down quite a lot since last year..

Posted by jaiishak > 2020-02-24 10:45 | Report Abuse

this is all due to high taxation and lack of enforcement by the govt..the amount that they seized is very minimal compared to the overall sale of illicit cigarettes in malaysia.. how will the shares go up if this is the risk?

Posted by jofernandez > 2020-02-26 16:51 | Report Abuse

how to stay relevant in this economy? only when the govt really crack down on the enforcement against illicit cigarettes sale, then only the economy will go up, and govt might impose less tax, which will drive up the BAT and PMI shares..

Posted by williamh > 2020-03-28 13:06 | Report Abuse

The gov.has no options now not to seriously telooking into the high tax thus the cause behind the illegal..but to doing anything to increasing the revenue...at one stone kiss two birda