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Plantations

MSM sells Ladang Chuping to F&N for RM156mil

KUALA LUMPUR: MSM Malaysia Holdings Bhd is selling 4,453 hectares of plantation land, known as Ladang Chuping in Perlis, to Fraser & Neave Holdings Bhd (F&N) for RM156mil cash.

The sugar producer said the proposed disposal is part of its asset rationalisation exercise and focus on sugar refining.

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MSM , F&N , sugar

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