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Old 16-02-2015, 08:58 PM
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Re: Msia VEP and value of ringgit

Quote:
Originally Posted by Ninja_Assassin View Post
No way if you are not a Bumiputra. My grandparents had pineapple plantation, cocoa plantation, rubber plantation, durian plantation, and pig farm in Malaysia. After they passed on it was taken over by my aunty and cousins. When Mahathir started the Bumiputra policy.... he took away their pineapple, cocoa & rubber plantations..... leaving them only the pig farm and the durian plantation which we suspect they did not want because it was adjacent to the Bukit Cina cemetery.

In Malaysia..... whatever land you own is only "leased" from the Bumiputras and they have the right to reclaim it with due compensation..... which is often peanuts and only a small percentage of the actual value.
Cannot say like that. I am sure when your grandparents came to Bolehland they just grab the land that they live on so actually they got a good deal that Mahathir compensated them. Many of the bumiputras would rather not pay if they could as most of them feel the land rightfully belongs to them.
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