MALAYSIA Mining Corp Bhd (MMC) expects 50.1%-owned unit Port of Tanjung Pelepas Sdn Bhd (PTP) to post a profit next year and to contribute to group earnings by 2005, chairman Syed Abdul Jabbar Shahabudin said.
“PTP is a strategic acquisition for MMC rather than an immediate earnings contributor,” Abdul Jabbar said in the company's annual report.
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