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Note from Publisher
This week, Malaysia’s political landscape witnessed a historical breakthrough which could potentially fix some of the fundamental flaws that have threatened to tear the country apart. The "Memorandum of Understanding for Transformation and Political Stability (MOU)" signed between the sitting government and the opposition coalition should cool political temperatures and allow the government to focus on fighting the Covid-19 pandemic and economic malaise. This is the first time a bipartisan cooperation pact has been signed between the government and opposition.

The MOU covers a Covid-19 plan, administrative transformation, parliamentary reform, judiciary independence, and Malaysia Agreement 1963. Many proposals in the MOU, such as the anti-party hopping bill, limiting the term of the prime minister to 10 years, independence of the judiciary, and equal allocations for government and opposition members of parliament are positive and long overdue and were recommended in i Capital dated 2nd Sep 2021. The MOU also set short deadlines to fulfil each transformation proposal. For the first time, there is hope for Malaysia’s politics, which for a long time has fallen victim to the whims and fancies of selfish and irresponsible politicians.
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Capital Dynamics Sdn Bhd and Capital Dynamics Asset Management Sdn Bhd, being capital market intermediaries licensed by the Securities Commission of Malaysia, are operating as usual in accordance with the Standard Operating Procedures prescribed by the relevant authorities during Phase 1 of the National Recovery Plan. We will continue to take precautionary measures to protect our employees, clients and other stakeholders. You may reach us at +603-2070 2104 or 2105 or 2106 or email us at cdsb@icapital.biz (investment advisory) or enquiries@cdam.biz (asset management) for any enquiries.
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