Khairy Jamaluddin is an Investment Banker
New Economic Policy (NEP), the economic policy of the government of the Soviet Union from 1921 to 1928, representing a temporary retreat from its previous policy of extreme centralization and doctrinaire socialism. The New Economic Policy (NEP) of Malaysia was a social re-engineering and affirmative action program formulated by the National Operations Council (NOC) in the aftermath of 13 May Incident in Malaysia. The New Economic Policy (NEP) has the stated goal of poverty eradication and economic restructuring so as to eliminate the identification of ethnicity with economic function. The abstract policies and goals of the New Economic Policy (NEP) were implemented by the Second, Third, Fourth and Fifth Malaysia Plans. Some specific requirements were introduced to achieve the 30% Bumiputra equity target set by the NEP. Amongst these was a requirement that all initial public offerings (IPOs) set aside a 30% share for Bumiputra investors. Khairy Jamaluddin on 28 December 2005 has bought ...