1. Nominees must be a company incorporated in Malaysia (Sole proprietor, Partnership excluded);
2. At least more than 50% owned by Malaysian;
3. Not a listed company on any stock exchange;
4. Not approved for listing on any stock exchange as at 30 September 2015;
5. Not more than 51% owned by a public listed company;
6. Involved in any legitimate business with annual gross turnover below RM200 million for the financial year ended 2014;
7. For companies with same owners, group proforma consolidated accounts is allowed but the company or group should be in a single or similar business nature;