Ministry has no qualms about MMC divestment

Transport Minister Anthony Loke Siew Fook.

KUALA LUMPUR: The Transport Ministry (MOT) has no objections to MMC Corp Bhd plans to divest its 49% stake in MMC Ports Holdings Bhd, even to foreign companies, says Transport Minister Anthony Loke Siew Fook.

However, he said issues concerning concessions and ownership status of the nation’s key assets must be scrutinised.

Uh-oh! Daily quota reached.


Experience an ad-free unlimited reading on both web and app.

Subscribe 
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

MMCCorp , PortDivestment , ForeignInvestment , Infrastructure , Concessions , LocalOwnership , MaerskLine

   

Report it to us.

Next In Business News
Batu Kawan net profit eases to RM84.72mil in 2Q
Opensys to cultivate new revenue streams alongside core biz expansions
SunCon secures RM1.72bil in new orders for 1Q24
Magma executive chairman Ismail Abdullah retires
Ringgit appreciates vs US dollar at the close
KLK 2Q net profit declines to RM117.07mil
Teladan to launch projects with RM1.2bil GDV
Bursa Malaysia to close for Wesak Day
Hong Leong Bank to fully subscribe to RM350mil Asean Green Bond to finance green warehousing
Coastal Contracts secures vessel sale and 5-year charter extension

Trending in Business

Others Also Read

Load more

Copyright © 1995- Star Media Group Berhad [197101000523 (10894-D)]

Best viewed on Chrome browsers.