Lately Anwar, Rafizi and Fahmi's boys are bragging about billions of investment coming in from China and USA.
My age and experience tells me it is all BULL SHIT.
What is the benefit of signing MOU?
An MOU is important because it allows each to clearly state their objectives and what
they expect from one another. Drafting an MOU can help solve any disputes before each
party enters into a full legally binding contract.
Risks of an MOU
These include confusion or ambiguity about the legal status and enforceability of the
document as well as unrealistic expectations if the parties fail to deliver or perform.
Is a MOU legally binding?
Since MOUs typically aren't legally binding, signing one won't make it enforceable in court.
But a memorandum of understanding still needs to be signed by all relevant parties and
each signer should officially authorized to sign for the party they're representing.
Today the Speaker is in China calling all students to come back to Malaysia to create jobs.
Now let me be clear about the MOU and what the speaker had said.
As Long as Anwar and his Madani Government inist on keeping the Quota System, No investors will be interested or students will come back to create jobs.
Investors has no liking when told to take in 70% of workers who cannot speak, read or write in English. Nor do they want workers who are like robots. Must be told what to do and cannot think for themselves using common sense.