Mon, 28 Apr 2025
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Social media platforms said open to being licensed: Fahmi
Published on: Saturday, August 03, 2024
Published on: Sat, Aug 03, 2024
By: Bernama
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Social media platforms said open to being licensed: Fahmi
Communications minister Fahmi Fadzil said there have been no applications submitted by the social media companies so far as the announcement was only made on Thursday. (Bernama pic)
PETALING JAYA: Social media platforms have expressed their readiness in principle to be licensed, says communications minister Fahmi Fadzil.

He said this was conveyed during his recent engagement sessions and meetings with several of these companies in Singapore.

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As of now, he said, none of them have submitted any application for a licence.

“We have not yet received any applications because we only announced the regulatory framework on licensing for social media services on Aug 1.

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This event coincides with its proposed listing on the Main Market of Bursa Malaysia Securities Berhad ("Bursa Securities"), scheduled for 30 April 2025.
“Currently, we are in the engagement process. I just returned from Singapore after meeting with all the platforms.

"Based on my meetings and discussions, I am confident they have expressed their readiness in principle to be licensed," he told reporters after officiating a youth event in Puchong today.
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