Common Contracts
1 similar Research Article contracts
Saiful Khairi Kamarudin Puteh Noraihan A RahmanResearch Article • December 30th, 2019
This paper examines the contribution of PETRONAS in consolidating the interests of Bumiputera socio-economic needs that led to the creation of a Malay middle class. It covers the role of PETRONAS in expanding and sharing its business operations and profitability with government agencies and Malay entrepreneurs. The business expansion would be through the rationalisation process to other Bumiputera companies, or the profit sharing measure would be through inter-capital relationship or inter-skill benefit. This stage of profit sharing was realised after PETRONAS had stabilised its business operation and gained a considerable return on investment after initially spending for capital and operating expenses.
